Iberdrola Signs PPA to Deliver Clean Energy for Vodafone Customers in Germany

Iberdrola and Vodafone have signed new clean energy power purchase agreements (PPA) in Spain and Portugal, adding to a recent agreement in Germany. The companies have also pledged to work together to look for new PPA opportunities and sustainability initiatives in Europe.

In total the PPAs will see Iberdrola provide Vodafone with 410 gigawatt-hours (GWh) of clean, renewable photovoltaic (PV) solar energy per year in the three countries, helping to accelerate Vodafone’s net-zero journey whilst increasing its energy security.

The renewable energy from the three solar plants is comparable to the annual electricity demands of approximately 117,000 homes . 

Additionally, in line with the aims of both companies to further reduce their carbon footprint and engage in the energy transition, Iberdrola has installed more than 140 electric vehicle charging points in the main facilities operated by Vodafone in Spain, as well as providing a service to manage and optimize their operation. 

Aitor Moso, Global Clients Director of Iberdrola, said: “Iberdrola and Vodafone are both committed to connecting customers and communities to a cleaner and smarter future. As a global developer of clean energy, we have the projects around the world that allow us to support multinational companies like Vodafone who are committed to sustainability right across their business operations. Agreements with progressive businesses like Vodafone are increasingly important in allowing new renewables projects to be built, and we now look forward to accelerating the delivery of these solar PV plants.” 

Joakim Reiter, Vodafone Group Chief External & Corporate Affairs Officer, said: “These agreements across Europe underline Vodafone’s commitment to ensure our customers will continue to benefit from electricity purchased 100% from renewable sources.  They also provide Vodafone with improved energy security and long-term price certainty as we work towards achieving net-zero in our operations by 2030.”