Competitive Power Ventures announced a solar PPA with Hydro, an international aluminum and energy company headquartered in Oslo, Norway, with 27 manufacturing facilities in North America.
Energy from CPV’s Maple Hill solar facility will power Hydro’s aluminum extrusion facility in Cressona, Pennsylvania, one of the largest of its kind in the world. The company has approximately 1,100 employees in Schuylkill County.
Maple Hill, in Portage Township, Pennsylvania, began construction earlier this year and will begin supplying power to the Hydro Cressona facility in the summer of 2022.DC The facility will consist of 237,000 solar panels utilizing the latest bifacial technology and a uniaxial tracking system to maximize energy production.
“CPV is delighted to partner with an international leader in the aluminum and energy industries, and we look forward to strengthening their renewable energy pipeline,” said CPV executive VP Sean Finnerty. “Using Maple Hill – built on a former coal mine – to power a leading extrusion facility is a fantastic example of how clean energy can align with responsible economic growth and development.”
CPV’s PPA with Hydro is the first long-term energy contract signed by Hydro in the US. The company has a strong focus on sustainability and recently announced plans to invest $48.3 million in Cressona, Pennsylvania, to support the growing transportation, distribution and industrial market segments in North America.
“Using a renewable energy supplier such as CPV in the production of our aluminum products perfectly complements Hydro’s sustainability goals, and we are delighted to be the first facility in North America to take this step,” said Mike Hammer , senior director of operations at Hydro Cressona. “The clean, locally generated energy of CPV’s Maple Hill site makes it an ideal facility to support our investment and industry-leading capabilities in Cressona.”
News item from Competitive Power Ventures