On Wednesday, Dow announced eight new renewable power purchase agreements (RPAs) it has signed which is set to slash its Scope 2 emissions.
The eight RPAs are spread in Europe and the Americas and will add 132 MW of clean power capacity from wind and solar without any capital investments from Dow. The company will have total access to more than 850 MW of clean energy, exceeding its 2025 Sustainability Goal.
In Europe, the company closed six agreements that have enabled eight Dow sites across Spain, UK, Sweden, France, and Germany to transition to 100% green electricity. Across the region, some other sites of the company have also transitioned to a cleaner grid power mix or are importing renewable power to complement the self-generation.
In North America, Dow scored a long-term agreement with Capital Power Corporation in Alberta, Canada which will provide clean power capacity, replacing approximately 40% of the energy demand at Dow's Prentiss, Alberta site for polyethylene (PE) production. With Capital Power, the RPA will supports grid diversity and provides greater access to renewable power for both industry and consumers.
In Latin America, the company entered a long-term agreement in Brazil with Casa dos Ventos aligned to the construction of a new wind power plant in Rio Grande do Norte state. It will provide Dow's site in Cabangu, Brazil, with access to cost-competitive capacity for wind-generated electricity.
These agreements were established on four RPAs Dow signed in 2020, which provided Dow access to additional solar and wind capacity to reduce its scope 2 emissions by 225,000 metric tons of CO2e.
