Ball Corporation said that it has executed two virtual power purchase agreements one wind and one solar for 388 MW of new renewable energy. These agreements will allow the company to address 100% of the North American electricity load utilized in its corporate, packaging, and aerospace operations by the end of 2021. Together, the wind and solar developments in Oklahoma and Texas will allow Ball to reduce its global Scope 2 greenhouse gas emissions by 50%, equivalent to the carbon reduction of removing 180,000 passenger vehicles from the road annually.
Mr John A Hayes chairman, president and CEO said that “These renewable energy agreements place Ball among the leading corporate buyers of renewable energy in our industry and the US, marking a critical moment in our sustainability journey, and are a demonstration of our commitment to have the aluminum can recognized as the most sustainable package.”
Ball first began using renewable energy in 2015, building three wind turbines in partnership with a local service provider to help power its Findlay, Ohio, beverage packaging plant. In 2018, Ball expanded the Findlay project to six turbines, which will generate more than 24,000 megawatt-hours of energy each year.
Mr Hayes added that “The combined wind and solar projects will allow us to address our North American electricity use, and make significant progress toward our previously announced Scope 1 and 2 science-based GHG emissions target, while leaving room for growth in our businesses.”
The long-term VPPAs for the new wind and solar developments significantly expand upon Ball’s previous success. With a combined annual estimated energy production of 1,200,000 MWh equivalent to the volume of electricity used by 100,000 US homes each year these projects will contribute nearly 5,000% more renewable energy to Ball’s North American electricity portfolio.
Source : STRATEGIC RESEARCH INSTITUTE, STEELGURU
