Engie North America Signs VPPA for 282MW Texas PV, Aiding WestRock’s 27.5% Emission Reduction Goal by 2030.

Engie North America has signed VPPAs for 282MW of Texas PV generation, supporting WestRock’s aims to reduce its emissions by 27.5% by 2030. The deals were facilitated by French electrical equipment group Schneider Electric, which provided advisory services and strategy management for the agreements. The offtaker, WestRock, pays for the power produced at a power plant but does not receive physical delivery of electricity, instead offsetting its emissions and allowing the electricity to serve the grid. Schneider Electric also highlighted the potential for the development of micro-grid infrastructure across the US.