09.15.22
BASF and X-ELIO have signed a 12-year Power Purchase Agreement (PPA) to supply 48 megawatts (MW) of solar power to BASF’s Verbund site in Freeport, TX. With this agreement in place, 100% of the site’s expected purchased power will be supplied from renewable energy.
The project will further reduce carbon emissions at the BASF Freeport site and offset more than 82,000 metric tons of CO2 emissions annually, based on EPA estimates.
“With this agreement, we take a big step forward, reaching 100% of the site’s purchased power to be supplied from renewable energy,” said Brad Morrison, SVP and site manager for the BASF site in Freeport. “Securing renewable energy at our Freeport site is a necessary step to improving our energy footprint and we appreciate the partnership with X-ELIO, which helps us realize the company’s goal of net-zero emissions by 2050.”
X-ELIO’s 72 MW Liberty Solar Photovoltaic project, located in Houston, is expected to be operational by 2024. It will generate 137 gigawatt hours (GWh) of clean energy per year while delivering more than $130 million in capital investment in the state and creating up to 125 construction jobs. The project will also include a 60 MW energy storage system.
The project will further reduce carbon emissions at the BASF Freeport site and offset more than 82,000 metric tons of CO2 emissions annually, based on EPA estimates.
“With this agreement, we take a big step forward, reaching 100% of the site’s purchased power to be supplied from renewable energy,” said Brad Morrison, SVP and site manager for the BASF site in Freeport. “Securing renewable energy at our Freeport site is a necessary step to improving our energy footprint and we appreciate the partnership with X-ELIO, which helps us realize the company’s goal of net-zero emissions by 2050.”
X-ELIO’s 72 MW Liberty Solar Photovoltaic project, located in Houston, is expected to be operational by 2024. It will generate 137 gigawatt hours (GWh) of clean energy per year while delivering more than $130 million in capital investment in the state and creating up to 125 construction jobs. The project will also include a 60 MW energy storage system.