Better Energy Inks 10-Year Solar PPA with Nolato, Powering Sustainability in Sweden
Better Energy has signed a landmark 10-year power purchase agreement (PPA) with Swedish plastics manufacturer Nolato, aimed at covering a substantial portion of Nolato’s electricity needs with clean, renewable energy. This deal is tied to the establishment of a 24MW solar park near Studsvik, southwest of Stockholm, and is a key milestone in Nolato’s drive to reduce its carbon footprint.
Spanning over 23 hectares in the Nyköping municipality, the new solar array will directly power Nolato’s operations across Sweden, supporting the company’s goal to cut CO2 emissions by 80% by 2025. As part of its long-term sustainability strategy, Nolato has been increasingly turning to PPAs as a way to secure green energy, manage costs, and protect itself against energy price volatility.
Christer Wahlquist, CEO of Nolato, emphasized the benefits of the agreement, stating: “Incorporating another solar farm into our energy mix is an effective strategy for accessing renewable electricity with a Guarantee of Origin, helping us meet our emission reduction targets. At the same time, the PPA provides stability in our future electricity costs, supporting both our sustainability goals and business operations.”
For Better Energy, this PPA further highlights its role in facilitating the energy transition, helping businesses like Nolato make significant strides toward carbon neutrality while adding more renewable electricity to Sweden’s power grid.
This agreement not only helps Nolato reach its ambitious environmental goals but also demonstrates the growing importance of corporate PPAs in driving the shift to clean energy in Sweden and beyond. #RenewableEnergy #SolarPower #BetterEnergy #Nolato #CleanEnergy #Sustainability #SolarPPA #GreenEnergy #CarbonReduction #Sweden #EnergyTransition #SolarProjects #CorporateResponsibility #ClimateAction