The ground-mounted solar farms will have a capacity of 13 MW, 6 MW and 4 MW, respectively. Construction of the solar farm in Blekinge has already begun, while the latter two solar farm will begin construction this spring. They will be operational in early 2025, according to the current timeline, and will provide H&M Group with renewable electricity. Once in operation, Alight will own and operate the solar farms.
Together the projects will generate at least 24 GWh of clean electricity, which is equivalent to the annual electricity consumption of over 4,800 homes. This deal builds on the partnership between H&M Group and Alight, who signed a PPA in December 2022 to build a 100 MW solar farm in Hultsfred, Sweden, jointly developed and owned with French renewable energy company Neoen.
“We are thrilled to have the possibility to add three new solar farm to the previous PPA we signed with Alight in 2022, getting us closer to our goal to only source renewable electricity by 2030” said Ulrika Leverenz, Head of Green Investment of H&M Group. “Renewable energy is a cornerstone of our roadmap to reduce emissions and achieve net-zero by 2040 and agreements like this one with Alight play a big part in our journey.”
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