The Romanian subsidiary of telecommunications company Orange signed a six-year virtual power purchase agreement (vPPA) contract with the local subsidiary of Engie to cover 30 GWh of its annual electricity consumption. Engie Romania will provide the local telecommunications group with electricity generated by solar power plants.
The vPPA contract centred around renewable energy sources follows Orange’s commitment to reach carbon neutrality by 2040. Through the deal, Romania joins Orange’s Europe7 perimeter, where in 2023 it has secured a green energy share of 80% in its consumption.
