Potential offtaker

Vidrala

www.vidrala.com

Estimated electricity consumption

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Vidrala is a Spanish company that operates in the glass containers sector. The company was founded in 1965 and has since become a leading manufacturer of glass containers in Europe. Vidrala operates in Spain, Portugal, Italy, and the United Kingdom, and has a workforce of over 4,000 employees.

Vidrala is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and increase its use of renewable energy. Vidrala is also committed to using sustainable materials in its production processes.

One of the ways Vidrala is working towards decarbonisation is through its corporate energy strategy. The company has implemented a number of initiatives to reduce its energy consumption and increase its use of renewable energy. Vidrala has invested in energy-efficient equipment and has implemented energy management systems to monitor and control its energy use. The company has also installed solar panels at some of its facilities to generate renewable energy.

Vidrala is also exploring the use of corporate power purchase agreements (PPAs) to increase its use of renewable energy. PPAs are contracts between a renewable energy generator and a corporate buyer, where the buyer agrees to purchase a certain amount of renewable energy at a fixed price over a set period of time. PPAs can help companies like Vidrala to secure a reliable and cost-effective source of renewable energy.

In 2020, Vidrala signed a corporate PPA with a wind farm in Spain. The PPA will provide Vidrala with 10% of its electricity needs from renewable energy sources. The agreement will help Vidrala to reduce its carbon footprint and support the development of renewable energy in Spain.

Vidrala is also committed to using sustainable materials in its production processes. The company uses recycled glass in its production of glass containers, which helps to reduce waste and conserve natural resources. Vidrala has also implemented a closed-loop recycling system, where glass containers are collected, sorted, and recycled into new glass containers.

In addition to its commitment to sustainability, Vidrala is also focused on innovation and technology. The company has invested in research and development to develop new products and improve its production processes. Vidrala has also implemented digital technologies to improve its efficiency and productivity.

Vidrala's commitment to sustainability and innovation has earned it recognition and awards. The company has been included in the Dow Jones Sustainability Index for five consecutive years, which recognises companies that demonstrate leadership in sustainability. Vidrala has also been recognised for its commitment to innovation, receiving awards for its new product development and production processes.

In conclusion, Vidrala is a leading manufacturer of glass containers in Europe that is committed to decarbonisation and sustainability. The company has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy. Vidrala is also committed to using sustainable materials in its production processes and has implemented innovative technologies to improve its efficiency and productivity. Through its commitment to sustainability and innovation, Vidrala is leading the way in the glass containers sector and setting an example for other companies to follow.