Commercial, Solar - February 3, 2023
Digital Realty Signs Solar PPA
Digital Realty, a provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, signed a power purchase agreement (PPA) for a 116 megawatts (MW) share of a new 154 MW ground-mounted solar photovoltaic project.
The agreement, signed with ENGIE, is expected to drive the expansion of renewable energies in Germany.
Digital Realty's offtake commitment, estimated at 120 gigawatt hours (GWh) per year, supports the construction of the new solar park to be built by CEE Group, an infrastructure fund specializing in renewable energy projects. Located in Brandenburg in the northeast of Germany, the solar park is scheduled to start operation in late 2023.
" As an industry leader, Digital Realty focuses on supporting the evolving needs of our global customer base, helping them deliver growth, while supporting net-new renewable energy projects where we operate," says Volker Ludwig, Managing Director – Germany, Digital Realty in a statement. "Digital Realty is committed to powering its data centers with renewable energy and supporting new and sustainable domestic energy sources. This project will further improve the quality and impact of our renewable portfolio by reducing our reliance on existing renewable resources and supplanting them with Guarantees of Origin (GoOs) from this new solar park."
Digital Realty achieved 100% renewable energy coverage for its entire European portfolio and its U.S. colocation portfolio, and is carbon neutral in France (Scopes 1 and 2), resulting in 64% renewable energy coverage across its global portfolio in 2021, representing an increase of 14% from 2020.
In 2022, Digital Realty further expanded its renewable portfolio and added green assets to the energy grid, contracting for 490 MW of solar and wind to support its global data center portfolio.
In 2020, Digital Realty committed to reducing Scope 1 and 2 emissions by 68% and Scope 3 emissions by 24% by 2030.
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