Potential offtaker

ITP Aero

www.itpaero.com

Estimated electricity consumption

N/A

Countries of production presence

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ITP Aero is a Spanish company that operates in the Engines & Parts sector, providing a wide range of services to the aerospace industry. The company is committed to decarbonisation and is actively working towards reducing its carbon footprint through various initiatives. ITP Aero is also focused on corporate energy and has implemented corporate power purchase agreements (PPAs) to increase its use of renewable energy.

Founded in 1989, ITP Aero has grown to become a leading provider of aero engines, components, and services to the aerospace industry. The company has a strong focus on innovation and sustainability, and its products and services are designed to meet the highest standards of quality, safety, and environmental performance.

Decarbonisation is a key focus area for ITP Aero, and the company is committed to reducing its carbon footprint through various initiatives. One of the ways in which the company is working towards decarbonisation is by investing in research and development of more efficient and sustainable engines. ITP Aero is also exploring alternative fuels and is working towards developing engines that can run on biofuels and other sustainable energy sources.

In addition to investing in research and development, ITP Aero is also taking steps to reduce its own carbon footprint. The company has implemented a number of energy efficiency measures across its operations, including the use of energy-efficient lighting and HVAC systems. ITP Aero is also working towards reducing its use of fossil fuels and increasing its use of renewable energy.

Corporate energy is another area of focus for ITP Aero. The company has implemented corporate power purchase agreements (PPAs) to increase its use of renewable energy. A PPA is a long-term contract between a company and a renewable energy provider, which allows the company to purchase renewable energy at a fixed price over a set period of time. By entering into PPAs, ITP Aero is able to increase its use of renewable energy and reduce its reliance on fossil fuels.

Renewable energy is a key area of focus for ITP Aero, and the company is committed to increasing its use of renewable energy sources. In addition to implementing PPAs, ITP Aero is also investing in renewable energy projects, such as wind and solar farms. The company is also exploring the use of other renewable energy sources, such as geothermal and hydroelectric power.

ITP Aero is committed to sustainability and is actively working towards reducing its environmental impact. The company's focus on decarbonisation, corporate energy, and renewable energy is a testament to its commitment to sustainability. By investing in research and development, implementing energy efficiency measures, and increasing its use of renewable energy, ITP Aero is leading the way in sustainable aerospace engineering.