Conrad Energy and BNP Paribas have signed a 15-year Power Purchase Agreement (PPA) for the renewable energy from Conrad Energy’s newest solar farm in Herefordshire. The site at Larport is expected to deliver over 40,000MWh of renewable electricity, annually saving around 9,432t of carbon dioxide every year.
Solar power is a plentiful renewable CO2-free power source that supports the UN Sustainable Development Goal 7 to ensure access to affordable, reliable, sustainable and modern energy for all. With Larport Solar Farm, Conrad Energy and BNP Paribas are in complete alignment with their commitment to this goal.
“We have been excited at Conrad Energy about the potential for the Larport Solar Farm since 2019. To secure this kind of agreement with a partner as dedicated to the transition to net zero as BNP Paribas supports our belief that upcoming milestones for periods of zero carbon electricity are achievable,” says Steven Hardman, Conrad Energy’s CEO.
“We are excited to be working in partnership with Conrad Energy to deliver this corporate PPA. The energy from Larport is a key step in decarbonising our UK operations, with this agreement in place we have taken a significant step on our path to net zero banking,” says Emmanuelle Bury, UK Country Head, BNP Paribas.