{"id":1502,"date":"2024-08-08T09:06:27","date_gmt":"2024-08-08T13:06:27","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=1502"},"modified":"2024-08-08T09:06:27","modified_gmt":"2024-08-08T13:06:27","slug":"graphic-packaging-signs-virtual-power-purchase-agreement-with-zelestra","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=1502","title":{"rendered":"Graphic Packaging signs virtual power purchase agreement with Zelestra\u00a0\u00a0"},"content":{"rendered":"


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Zelestra\u2019s solar plants will have a combined capacity of 83MW. Credit: Bilanol via Shutterstock. <\/figcaption><\/figure>\n<\/p><\/div>\n

Sustainable consumer packaging company Graphic Packaging has entered into a virtual power purchase agreement with Zelestra, marking a significant step in its sustainability journey.\u00a0\u00a0<\/p>\n

The deal will see Zelestra supply clean energy from two upcoming solar projects in Spain.\u00a0\u00a0<\/p>\n

Located at Jos\u00e9 Cabrera and Socovos II, the solar plants will have a combined capacity of 83MW. <\/p>\n

The packaging company is anticipating the receipt of guarantees of origin for approximately 86% of the energy output.\u00a0<\/p>\n

This initiative is poised to contribute substantially to Graphic Packaging\u2019s goal of slashing scope 1 and 2 greenhouse gas (GHG) emissions by 50.4% by 2032, based on 2021 as the baseline year.\u00a0<\/p>\n

As a result of this agreement, the company\u2019s renewable electricity purchases in Europe are set to rise to roughly 70%.\u00a0\u00a0<\/p>\n

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