AB InBev-owned Carlton & United Breweries (CUB) has moved one step closer to obtaining 100% of its electricity from renewable sources after securing a deal with BayWa.
Last year, CUB signed a 12-year power purchase agreement (PPA) with the German renewable energy developer, service provider and wholesaler.
With the recent completion of BayWas 112MW Karadoc solar farm in northern Victoria, CUB is now using renewable energy sourced from the site for its brewery operations. The 664-acre farm is the largest solar facility in northern Victoria.
CUBs PPA provides 74,000 MWh a year enough to power 7,500 homes.
Peter Filipovic, CUB business unit president, said: This is an important step towards achieving our commitment to source 100% of our electricity from renewables. In addition to our PPA, we will soon be installing solar panels at our breweries.
Everyone has a responsibility to play their part to tackle climate change. CUB is no different. CUB is absolutely committed to delivering on an ambitious environmental and sustainability agenda.
The investment also stacks up when you look at the reduced price we will be paying to power our operations. Moving to renewable energy will ensure that we have certainty of supply and pricing.
Matthias Taft, board member of BayWa, added: This is a great milestone for BayWa in Australia; since entering the market in 2016, we have become active in solar and wind development as well as the solar installer wholesaler market.
With Karadoc coming online, the partnership we have with CUB is a great example of how corporations are taking an active lead in driving the renewable transition in Australia and we are delighted to be playing our part in supporting CUB in realising its renewable energy goals.
Last month, AB InBev announced that it will start brewing Budweiser beer in the UK with 100% renewable electricity thanks to a new deal with solar energy firm Lightsource BP.
The new solar capacity is expected to be added and connected by Lightsource BP at the end of 2020 and all Budweiser brewed and sold in the UK will begin to feature a new symbol to encourage consumers to choose a beer brewed with 100% renewable electricity.
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