US brewing giant Anheuser-Busch has signed a 15-year power purchase agreement with Canadian Solar subsidiary Recurrent Energy for 310MW of electricity from the Maplewood solar farm in Texas.
The project, located in Pecos County, is scheduled to enter into commercial operations in 2021.
Recurrent Energy is also in the early stages of seeking potential equity partners on the Maplewood project portfolio, which includes Maplewood and the 40MW Maplewood 2.
Canadian Solar chairman Shawn Qu said: “The signing of this power purchase agreement with Anheuser-Busch, the US beer industry leader, demonstrates Canadian Solar’s ability to meet the needs of a diverse array of corporate customers.
“We’re honoured to supply affordable clean energy to a C&I customer base spanning the sectors of academia, transportation, traditional energy, and now food and beverage.
“Looking at publicly announced deals, we are proud to be the leading solar developer in the Texas market, with over 1.3GW of signed electricity contracts for energy generated within ERCOT’s service territory.”
Anheuser-Busch vice president, procurement and sustainability Ingrid De Ryck said: “We take immense pride in being good stewards of the environment and are excited to announce that by 2021 our entire portfolio of beers will be brewed by using 100% renewable electricity from solar and wind power.
“Through our new partnership with Recurrent Energy, we will be able to complete one of our 2025 US sustainability goals four years ahead of schedule.”
Meanwhile, Recurrent signed a PPA for the supply of electricity to oil and gas pipeline company Energy Transfer from Maplewood 2, which will also come online in 2021.
The Maplewood 2 deal also runs for 15 years.