April 16th, 2024

Roca Group ensures renewable energy supply for its European operations for the next 10 years

This initiative will result in a reduction of over 50,000 tons per year of CO2 equivalent emissions from the group's electricity consumption.

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  • This initiative will result in a reduction of over 50,000 tons per year of CO2 equivalent emissions from the group's electricity consumption.

  • Following the launch of the world's first electric kiln for sanitary ceramics production, the company is taking another significant step in its decarbonization roadmap.

 

Roca Group has announced a long-term renewable energy purchase agreement (VPPA, or Virtual Power Purchase Agreement), spanning 10 years from 2025 to 2035, tied to the new solar plants Trévago I & II, located in the province of Soria, Spain.

The solar production facilities Trévago I and II are scheduled to begin operations in July 2025 and have a capacity of 86.84 MWp. 80% of the total capacity will be dedicated to Roca Group, expected to generate 120 GWh of clean energy annually, the volume needed to cover the electricity consumption of all group operations in European territory.

The projects are being developed by Bruc Energy, a renewable energy generation company, and the agreement has received legal advice from Baker McKenzie on behalf of Roca Group, and Allen & Overy on behalf of Bruc. Additionally, strategic support has been provided by Schneider Electric through its VPPA advisory services, coordinating the entire process.

This initiative will result in a reduction of over 50,000 tons per year of CO2 equivalent, emissions, corresponding to the group's electricity consumption in Europe. It marks a new milestone in Roca Group's decarbonization roadmap, complementing the recent start of operations of the world's first net-zero sanitary ceramics production plant. The group has already achieved a 39% reduction in its CO2 equivalent emissions of scopes 1 and 2, and a 47% reduction in energy intensity between 2018 and 2022, moving closer to its net-zero ambition by 2045.

 

About Bruc Energy

Bruc is one of the largest and most dynamic renewable energy groups in Spain. It currently owns 8,500 MW of solar photovoltaic and wind power plants, all of which have been granted access to the transmission grid, with 1,066 already operational.

Bruc believes that there is an urgent need for an energy transition towards a decarbonized economy. A key part of this transition lies in the development of clean energies, whose contribution to countries' energy systems must be increasing. Bruc's mission is to generate attractive investment opportunities in the field of renewable energies and manage assets with the aim of contributing to the sustainability of energy supply systems and substantially reducing their environmental impact.