{"id":248878,"date":"2022-05-19T15:10:15","date_gmt":"2022-05-19T15:10:15","guid":{"rendered":"https:\/\/www.lightsourcebp.com\/news\/forterra-strives-for-sustainable-future-with-lightsource-bp-ppa\/"},"modified":"2023-07-31T09:48:41","modified_gmt":"2023-07-31T09:48:41","slug":"forterra-strives-for-sustainable-future-with-lightsource-bp-ppa","status":"publish","type":"post","link":"https:\/\/sandbox.lightsourcebp.com\/uk\/news\/forterra-strives-for-sustainable-future-with-lightsource-bp-ppa\/","title":{"rendered":"Forterra strives for sustainable future with Lightsource bp PPA"},"content":{"rendered":"
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Forterra strives for sustainable future with Lightsource bp PPA<\/h1>\n <\/div>\n <\/div>\n <\/div>\n\n
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Leading building products manufacturer Forterra has taken significant steps to a sustainable future after signing a 50 GWh Power Purchase Agreement (PPA) with Lightsource bp.<\/p>\n

This sector-leading investment will provide renewable energy to Forterra\u2019s 17 sites for 15 years, delivering annual carbon savings of 14,000 tonnes, equivalent to the energy usage of 13,500 households.<\/p>\n

From 2025, the Northampton head-quartered brick, block and concrete producer will source 70% of its electricity needs from a solar farm in central England, replacing its current mainstream electricity supply.<\/p>\n

Zosia Riesner, Director of Power Markets for Europe, Lightsource bp, said:<\/strong> \u201cForterra is showing real leadership with this deal, which will drastically reduce the carbon emissions of its operations. It is also an astute move to secure predictable, long-term energy costs at a time of extreme price volatility.”<\/p>\n

The PPA between Lightsource bp and Forterra will be facilitated by Dutch energy company Eneco, a licensed supplier in the UK. Nigel McManus, Head of Eneco Energy Trade UK said:<\/strong> \u201cEneco is delighted to use its trading capability to help bring a new renewable asset to market\u201d.<\/p>\n

Stephen Harrison, Forterra\u2019s Chief Executive, said:<\/strong>\u00a0\u201cThis agreement will provide us with price security and stability alongside the clear sustainability benefits.<\/p>\n

It sees us make tangible progress in the race to net zero. Rather than relying on green energy generated by others, we are actually investing in a dedicated source of renewable energy generation, helping to decarbonise the grid, something that is critical to the UK\u2019s net zero journey. We also aim to generate another 10% of our electricity requirement from our own on-site solar and wind renewables by 2025.<\/p>\n

Overall, we have implemented ambitious ESG targets. Between 2010-19 we reduced our carbon emissions by 22% and have pledged to reduce them by a further 32% by 2030.\u201d<\/p>\n

The investment follows a series of other important measures announced by Forterra as it looks to reduce its carbon footprint;<\/p>\n