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Sofia, Bulgaria: South Bulgaria’s photovoltaic plant, holding a peak capacity of 33 MW, will be supplying 20 GWh of electricity per year for the time frame of the next ten years to A1 Bulgaria (GSM mobile phone operator).
A power purchase agreement (PPA) has been penned down by the mobile network provider with Renalfa. Apart from this, Renalfa, through its subsidiary Toki.bg., will be providing sleeving service to A1.
On the agreement, the Chairman of the Management Board and Chief Executive Officer of A1 Bulgaria – Alexander Dimitrov, stated, “The climate change is no doubt the biggest challenge of the 21st century. While digital technologies can help sustainable development, the unprecedented global data usage during the novel coronavirus pandemic has caused our industry to consume more energy than ever before.”
The Chairman, following the above statement, then underscored, “As part of A1 Telekom Austria Group, we are aware of our responsibility towards the environment and has set an ambitious environmental target: reducing CO2 emissions to net-zero by 2030. This would be achieved by reducing our own carbon footprint & gradually switching to energy from renewable sources“.
Renalfa is a clean energy investment group with an emphasis on renewable energy and e-mobility. The group installs solar power plants while delivering operations along with supervision services.
Meanwhile, Renalfa Yuri Katanov – the Executive Director of the GSM mobile phone operator, noted A1 contains an “innovative great business model”.
Katanov said, “The Corporate PPAs is providing a competitive benefit to enterprises by ensuring long-term energy supply at a – fixed price as compared to the volatile energy markets.”
“At the same time, this energy is clean & with proven RES origin, which significantly reduces the carbon footprint of the companies, contributes to a safer and cleaner environment and increase their ESG (environmental, social and governance) ratings”, the Executive Director then added.