Air Liquide in PPA for renewable electricity in China
Gasses firm Air Liquide says it has signed a long-term Power Purchase Agreement (PPA) with the China Three Gorges Renewables and China Three Gorges Corporation Jiangsu Branch, subsidiaries of China Three Gorges, one of China’s largest producers and retailers of renewable electricity, to purchase a total of 200 MW of renewable power per year in China.
Following PPAs in the US, Europe and South Africa, and several short-term renewable and low-carbon PPAs in China, this is the first long-term PPA signed by Air Liquide in China. It highlights Air Liquide’s commitment to lead the way in the energy transition and to lower its carbon footprint, in line with its Advance strategic program.
The renewable electricity will come from solar and wind farms located in the province of Jiangsu, which is the first province in China for Air Liquide in terms of electricity consumption. The generated electricity will reduce by up to 120,000 tonnes the CO2 emissions per year compared to today’s emissions. This is comparable to the electricity-related emissions of more than 300,000 Chinese households.
The renewable electricity will contribute to the production of industrial and medical gases in China. This agreement, which will start in January 2024, will allow Air Liquide to produce gases with a lower carbon footprint at competitive prices and give customers the ability to add more renewable content in their end products.