# Covestro and bp sign 10-year solar PPA in Spain

Covestro and bp have signed a 10-year power purchase agreement for renewable energy from a solar power plant in Spain. The deal will increase Covestro's renewable electricity use in Spain to 30%, supplying its Tarragona site.

- Type: Contract
- Announced: 2024-07-04
- Where: Spain, Spain
- Status: completed
- Products: solar power
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [BP](https://endata.com/companies/1131.md) (supplier)
- [Covestro](https://endata.com/companies/1705.md) (customer)

## Sources

- [covestro.com](https://www.covestro.com/investors/news/covestro-and-bp-sign-long-term-supply-agreement-for-solar-power-in-spain/), 2024-07-04: "With the PPA, we are demonstrating that we at Covestro are using every opportunity to consistently increase the proportion of energy from renewable sources at our sites worldwide."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.