Qualitas Energy has signed a 15-year virtual power purchase agreement (vPPA) with Salesforce for 27 MWp of PV capacity in Italy. This project will power 13,500 homes annually and reduce CO2 emissions by 15,700 tons. Qualitas secured €55 million in green financing, covering the vPPA assets and expanding its portfolio to 12 solar PV projects totaling 53 MWp in Italy. The financing, facilitated by Santander Corporate & Investment Banking, emphasizes sustainability. Qualitas’ Italian portfolio now includes 26 MWp connected to the grid, 34 MWp under construction, and a 1.4 GW project pipeline. The firm continues to pursue long-term energy contracts globally, focusing on risk management and sustainable asset development since its founding in 2006.
Salesforce buys renewable energy from Qualitas
The 27 MWp solar project will power 13,500 homes annually and reduce CO2 emissions by 15,700 tons. (Image Credit: Qualitas Energy)
Three new solar projects from Recurrent Energy will supply 34,000 UK homes, cutting CO2 emissions by 31,000 tons annually. (Image Source: Recurrent Energy)
The ISO 14068 certification at DMEGC Solar’s Lianyungang base exemplifies sustainable practices in the photovoltaic sector. (Image Source: PRNewswire)
Aiming to support Malaysia’s 31% renewable goal by 2025, Masdar’s study could pave the way for large-scale floating solar in Southeast Asia. (Image Source: Masdar)
Avangrid’s Camino Solar project will generate power for approximately 14,000 US homes and is expected to create $15 million in local tax revenue. (Image Source: Avangrid)