Fourteen Irish businesses are now powering their operations with clean, affordable wind energy after they agreed a new Corporate Power Purchase Agreement (CPPA) with Flogas, a DCC company.
A Corporate Power Purchase Agreement is where a company purchases electricity directly from a wind farm or solar farm.
The demand for renewable CPPAs in Ireland is surging, driven by the growing number of companies seeking to reduce their carbon footprint, attain budget predictability in an unstable energy market and support their sustainability initiatives.
The multi-buyer CPPA with Cronalaght 1 Wind Farm in Co Donegal is the largest by customer count of its kind in Ireland.
Flogas said the deal marks a major milestone in the Irish renewable energy market, making sustainable energy more accessible than ever before for businesses of all sizes.
It breaks down traditional barriers to entry for smaller businesses seeking renewable energy solutions, previously a market dominated by larger corporations and allows the 14 businesses to benefit from competitively priced, renewable electricity while significantly reducing their carbon footprint and providing electricity supply chain transparency.
Cronalaght 1 Wind Farm, which has been operational for over 25 years, prevents about 3,872 tonnes of CO2 emissions annually - equivalent to powering 4,200 electric vehicles for a year.
The 14 businesses participating in the CPPA represent a diverse range of sectors, including agriculture, hospitality, construction, aviation, technology, manufacturing and food/beverage and include Ashleigh Farms, Fresh Opportunities and EFG Inflight Ltd.
"We're incredibly proud to be leading the charge in making renewable energy more accessible for Irish businesses," said John Rooney, Managing Director at Flogas Ireland.
"This is just the beginning - we're already developing our next multi-buyer CPPA, further solidifying our commitment to providing sustainable energy solutions," he added.
