V-RIDIUM Power Group and T-Mobile Polska with a PPA contract for a period of 15 years

  • Reading time:3 mins read

V-RIDIUM Power Group (GreenVolt Group – Energias Renováveis) and T-Mobile Polska have concluded a long-term contract for the supply of renewable energy (PPA – Power Purchase Agreement) for a period of 15 years. The supply of green energy to one of the largest telecommunications operators in Poland will be carried out by renewable energy installations with a total installed capacity of 98 MW, belonging to a joint-venture between KGAL (a German asset management company) and V-RIDIUM Power, a company from the GreenVolt group.

From the point of view of the recipient, this agreement will allow T-Mobile Polska to achieve its goals as part of sustainable development by ensuring energy supplies from renewable energy sources.

Green energy, which will be delivered to T-Mobile Polska from the first quarter of 2023, corresponds to the average annual consumption of 66 thousand households, ensuring avoidance of emissions at the level of about 145 thousand. tons of CO2 per year.

According to João Manso Neto, CEO of GreenVolt, “the contract with T-Mobile Polska in Poland strengthens GreenVolt’s position on the market of renewable energy sources development and the operation of renewable energy projects in Europe, as well as its ability to respond with tailored solutions to the needs of its customers and help them in achieving the goals of decarbonisation ”.

As Jacek Błądek, COO of V-RIDIUM Power Group notes, “The contract with T-mobile Polska is one of the largest, if not the largest, that was concluded on the Polish market in the CPPA formula. The key factor in this type of contract is to provide end-users with long-term competitive energy prices, while ensuring the possibility of refinancing the investment. The concluded contract is a testimony to the ongoing energy transformation and the end-users’ search for cheaper, alternative to conventional power sources, which in the long term translates into competitive prices of products offered to the end customer. “