Spanish power company Iberdrola and Portuguese company Gres Panaria have signed a long-term renewable energy sales contract, which will begin in 2025. This agreement guarantees the supply of photovoltaic solar energy for the next ten years, with the aim of reducing the carbon footprint and promoting sustainable practices in the ceramic sector.
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Iberdrola and Gres Panaria Portugal have announced a strategic agreement which will allow the leading Portuguese ceramics company to receive 92 GWh of clean energy for a decade. This Power Purchase Agreement (PPA) It not only reinforces the environmental commitment of both companies, but also contributes significantly to the reduction of CO2 emissions.
Rui Afonso, general manager of Iberdrola Clientes Portugal, highlighted: “We are active agents in the decarbonisation of the industry. This PPA reflects our commitment to sustainable development and renewable energy.” For its part, Marco Mussini, Chairman of the Board of Directors of Gres Panaria Portugal, said: “Sustainability has been fundamental to our business strategy. This agreement reinforces our mission to produce sustainably while maintaining high quality standards.”
The agreement with the Portuguese leader in the ceramic sector reinforces the ambition to reduce the environmental impact of the company's activities
In addition to the positive environmental impact, this PPA provides Gres Panaria with greater stability in the face of energy market volatility, ensuring more predictable costs for its production and customer service.
Iberdrola continues to consolidate its position as a global leader in renewable energy since its arrival in Portugal in 2003. With emblematic projects such as Tâmega and its recent “Green” classification by Fitch Sustainable, reaffirms its position as one of the main promoters of change towards a green economy.
Gres Panaria Portugal has continued to expand since its foundation in 2006. With three industrial units and more than 600 employees, it is positioned as a benchmark in the Portuguese ceramic sector committed to sustainable innovation.
This agreement places both companies at the forefront of moving towards a more sustainable economy, aligning with national and European climate objectives.
