Signify to power its operations with wind power

Signify, the industry’s biggest lighting company, has signed a deal to power its operations with wind power.

The company teamed up with former owner Philips, brewer Heineken and Dutch chemical company Nobian to buy renewable energy from the huge Mutkalampi wind farm in Finland.

The 10-year agreement with the Mutkalampi wind farm will deliver 330 GWh of renewable electricity per year to the consortium, the equivalent electricity to power 40,000 households
This renewable electricity helps to avoid over 230,000 tons of CO2 emissions per year.

 In the first agreement of its kind, the consortium committed to contracting renewable electricity from the wind farm for the first 10 years through Virtual Power Purchase Agreement in 2020.

The electricity is physically delivered to the Finnish grid while the four consortium partners benefit from the Guarantees of Origin.

This provides income stability for the renewable project, while guaranteeing clean energy for the consortium members.

‘This ground-breaking partnership ensures we can power our European operations – including our facilities, factories, offices, and warehouses – on renewable electricity for the next decade, while accelerating the European transition to clean energy,’ Signify head of sustainability Maurice Loosschilder  told the Circular Lighting Report.

‘The facility powers Signify’s operational electricity use in the EU, excluding Poland, where we have an existing agreement in place.

‘We’re proud to partner with like-minded organizations as we continue our sustainability journey and reinforce our commitment to reduce our emissions at double the pace of the Paris Agreement 1.5 degrees scenario by the end of 2025.’

Robert Metzke, global head of sustainability at Philips told the press: ‘Climate change challenges societies and healthcare systems worldwide. This renewable electricity partnership raises the bar in how we can jointly increase green energy supply across Europe.’

 The new wind farm has been developed, is owned, and operated by Neoen, an independent producer of renewable energy.

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