Procter and Gamble (P&G) and ENGIE North America (ENGIE) have announced a 200-megawatt power purchase agreement from ENGIE's Sun Valley Solar project in Hill County, Texas, 65 miles southwest of Dallas.
This solar energy agreement is the largest for P&G globally. Once production commences at Sun Valley later this year, it will supply P&G with more than 530,000 megawatt-hours of renewable power annually. For comparison, that is enough renewable electricity to power 1 in every 3 residences in P&G's home city of Cincinnati.
The agreement with ENGIE North America, a subsidiary of ENGIE S.A., a global leader in the transition to renewable energy, is part of P&G's comprehensive plan to accelerate action toward net-zero GHG emissions by 2040. The agreement is expected to displace the equivalent of more than 367,000 metric tons of CO2-equivalent from the electricity grid each year.
“Partnering on new renewable power projects brings long-term