LyondellBasell, Grenergy sign five long-term solar power purchase agreements

LyondellBasell and Grenergy signed five long-term solar power purchase agreements, or PPAs. Under the 15-year contracts, the Spanish renewable energy producer will supply solar energy from the La Cereal solar farm project, which is expected to be operational at the end of 2025. The agreements represent about 329,000 megawatt-hours of solar power annually, equivalent to the annual electricity consumption of more than 90,000 European homes.