first_imgBudweiser parent InBev signs Europe’s largest corporate solar power purchase deal FacebookTwitterLinkedInEmailPrint分享Greentech Media:InBev, the brewer of Budweiser and an array of other beers, has signed a 130-megawatt solar power purchase agreement, which it calls the largest “pan-European corporate solar” power-purchase agreement so far.The deal, with German renewables developer BayWa r.e., will supply enough electricity for 14 breweries in Western Europe. BayWa will finance and develop two new solar projects in Spain totaling 200 megawatts, with InBev’s virtual PPA acting as the linchpin.Completion of the projects — one of them to be called the Budweiser Solar Farm — is expected by March 2022. BayWa will additionally provide the company with 75 gigawatt-hours’ worth of guarantees of origin certificates from a Spanish wind farm.AB InBev has been ramping up its renewables procurements. At the end of 2018, AB InBev agreed a 15-year, 100-megawatt deal with Lightsource BP to supply its U.K. operations. It has a 152.5-megawatt agreement in place with Enel Green Power for its U.S. operations.Once 100 percent of its operations are powered by renewables, Budweiser intends to adorn each bottle sold in the U.K. and U.S. with a symbol declaring that fact.Europe has lagged the U.S. in corporate renewables PPAs. According to Bloomberg New Energy Finance, 86 percent of corporate PPAs signed at the halfway point in 2019 had been signed in the Americas.[John Parnell]More: Budweiser brewer signs Europe’s ‘largest corporate solar PPA’last_img read more