BASF SE Signs 12-Year Agreement to Source 48 MW of Renewable Power from X-ELIO’s Liberty Energy Project in Texas

Reuters
Sep 25
<a href="https://laohu8.com/S/BASFY">BASF SE</a> Signs 12-Year Agreement to Source 48 MW of Renewable Power from X-ELIO's Liberty Energy Project in Texas

BASF SE has announced the commencement of a new power purchase agreement with X-ELIO, under which BASF will source 48 megawatts of electricity from the newly operational Liberty Energy Project in Texas. The Liberty Project features a combined capacity of 72 megawatts of solar photovoltaic generation and 60 megawatts of battery storage. This 12-year agreement will enable BASF's Freeport site to meet 100% of its expected purchased power needs from renewable sources, supporting the company's long-term goal of achieving net-zero emissions by 2050. The Liberty Energy Project is X-ELIO's first integrated solar and battery storage facility in the United States and is part of the company's broader development pipeline in the country.

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