Baywa re wraps up major virtual PPA with Finnish packaging giant

The German clean power company and Huhtamaki have signed a 10-year deal that will ensure the construction of two solar farms in southern Spain with an aggregate generation capacity of around 135 MWp.Solar developer Baywa re has signed a 10-year virtual power purchase agreement (VPPA) with Finnish packaging company Huhtamaki for two new solar projects in Spain. According to the partners, it is the biggest corporate solar VPPA for the packaging industry in Europe and the first for a Finnish company. Huhtamaki, primarily a food packing business, has ambitions to "become the first choice in sustainable ...

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