Linde has confirmed plans to purchase renewable energy from two solar projects in the provinces of Guangdong and Jiangsu, China, after signing two new long-term power purchase agreements (PPAs).
The industrial gas major will source a total of 320 gigawatt (GW) hours per year of renewable energy from the projects through separate 25-year agreements with Guangdong Energy Group (GEG) and China Three Gorges Corporation (CTG).
Due to start in the first quarter of 2024, the supply will help to reduce Linde’s Scope 2 emissions and support the company’s progress towards its science-based absolute greenhouse gas (GHG) reduction target for 2035 and its 2050 climate neutrality ambition.
Commenting on the announcement, Will Li, President Greater China at Linde, said, “These agreements take us another step towards our 2035 emissions reduction target and enable us to supply industrial gases with a lower carbon intensity to our customers in China at a competitive price.”