Digital Realty invests in photovoltaics through power purchase agreement with ENGIE

Digital Realty invests in photovoltaics through power purchase agreement with ENGIE

Digital Realty, one of the largest global providers of cloud-and-carrier-neutral data centre, colocation and interconnection solutions, and the global energy company, ENGIE, have announced an agreement that will drive the expansion of renewable energies in Germany.

Digital Realty and ENGIE have signed a 10-year power purchase agreement (PPA) for a 116MW share of a new 154MW ground-mounted solar photovoltaic project. Digital Realty’s offtake commitment, estimated at 120GWh per year, supports the construction of the new solar park to be built by CEE Group, an infrastructure fund specialising in renewable energy projects. Located in Brandenburg in the north-east of Germany, the solar park is scheduled to start operation in late 2023.

“The climate challenge is one of the critical issues facing society today,” said Volker Ludwig, Managing Director of Digital Realty, Germany. “As an industry leader, Digital Realty focuses on supporting the evolving needs of our global customer base, helping them deliver growth while supporting net-new renewable energy projects where we operate.”

Digital Realty has achieved 100% renewable energy coverage for its entire European portfolio and its US colocation portfolio and is carbon neutral in France (Scopes 1 and 2), resulting in 64% renewable energy coverage across its global portfolio in 2021, representing an increase of 14% from 2020. 

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