Neste to introduce solar energy to its Porvoo refinery.
Neste has signed a purchase order settlement for solar energy provide to its Porvoo refinery in Finland with the renewable vitality firm CPC Finland Oy.
Solar energy provide from the Lakari photo voltaic plant in Rauma, Finland is predicted to begin in spring 2024. As soon as prepared, the plant would be the largest working photo voltaic plant in Finland. The whole annual quantity of the settlement is roughly 24 GWh, which represents 75% of the annual capability of the Lakari photo voltaic plant in Rauma.
Markku Korvenranta, Government Vice President for Oil Merchandise enterprise unit at Neste mentioned:
Neste’s settlement on solar energy is a invaluable addition to our present wind energy and hydropower agreements.
“The agreed annual quantity corresponds to some 2% of the annual electrical energy consumption at our Porvoo refinery.”
Porvoo refinery has used 100% renewable electrical energy because the starting of 2022. As a result of deliberate improvement at Neste’s refinery in Porvoo, the usage of electrical energy is predicted to extend over the approaching years. With the brand new settlement on the availability of solar energy, Neste goals to make sure that its electrical energy will proceed to be derived from renewable assets.
Neste is dedicated to combating local weather change and decreasing local weather emissions each globally and domestically. To help these goals, the corporate has set formidable local weather targets: The signed solar energy settlement helps Neste’s dedication to scale back the carbon footprint of its manufacturing, serving to the corporate work in direction of reaching carbon impartial manufacturing by 2035.
Neste is moreover dedicated to decreasing prospects’ greenhouse fuel emissions with its renewable and round options by no less than 20 million tons CO2eq yearly by 2030 and the use section emission depth of bought merchandise by 50% by 2040, in addition to working with our suppliers and companions to scale back emissions throughout the complete worth chain (scope 3).
Additional data: Please contact Neste’s media service, tel. +358 800 94025 / media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET). Please subscribe to Neste’s releases at https://www.neste.com/for-media/releases-and-news/subscribe.
Neste briefly
Neste (NESTE, Nasdaq Helsinki) creates options for combating local weather change and accelerating a shift to a round economic system. The corporate refines waste, residues and revolutionary uncooked supplies into renewable fuels and sustainable feedstock for plastics and different supplies.
Because the world’s main producer of sustainable aviation gas and renewable diesel and a forerunner in creating renewable and round feedstock options for polymers and chemical compounds, Neste helps its prospects to scale back their greenhouse fuel emissions by no less than 20 million tons yearly by 2030.
The corporate’s ambition is to make the Porvoo oil refinery in Finland essentially the most sustainable refinery in Europe by 2030. Neste is dedicated to reaching carbon-neutral manufacturing by 2035, and can scale back the carbon emission depth of bought merchandise by 50% by 2040. Neste has additionally set excessive requirements for biodiversity, human rights and the availability chain.
The corporate has constantly been included within the Dow Jones Sustainability Indices and the World 100 record of the world’s most sustainable firms. In 2022, Neste’s income stood at EUR 25.7 billion. Learn extra: neste.com
About CPC Finland Oy
CPC Finland Oy specializes within the improvement, building, and operation of wind farms and photo voltaic vegetation in Finland. Because the absolutely owned subsidiary of CPC Germania GmbH & Co. KG, a Germany-based entity, CPC Finland has efficiently constructed 4 wind farms with a complete capability exceeding 385 MW and is at present engaged within the building of further tasks.
The corporate boasts a sturdy improvement portfolio, surpassing 600 MW. CPC Germania, established in 1993, stands as certainly one of Europe’s oldest wind vitality firms, with a outstanding monitor file of over 50 tasks and a cumulative capability exceeding 1000 MW. Working in Finland since 2011, CPC Finland is devoted to advancing sustainable vitality options within the area.
Neste to introduce solar energy to its Porvoo refinery, November 24, 2023
