In a bid to transition to utilizing exclusively renewable energy, Colorado’s Ball Corporation announced late last month that it executed a pair of virtual power purchase agreements for 388 megawatts of new renewable energy.
The agreements, of which one is for solar power and the other is for wind power, will fuel the entirety of the company’s corporate, packaging and aerospace operations by the end of 2021. Once implemented, Ball says the wind and solar projects in Texas and Oklahoma will halve its global Scope 2 greenhouse gas emissions.
John A. Hayes, Ball Corporation chairman, president and CEO, said the move is part of broader corporate sustainability goals.
“These renewable energy agreements place Ball among the leading corporate buyers of renewable energy in our industry and the U.S., marking a critical moment in our sustainability journey, and are a demonstration of our commitment to have the aluminum can recognized as the most sustainable package. The combined wind and solar projects will allow us to address our North American electricity use, and make significant progress toward our previously announced Scope 1 and 2 science-based GHG emissions target, while leaving room for growth in our businesses.”
The agreement is but the latest of Ball’s forays into renewable energy. The firm built a trio of wind turbines in 2015 in conjunction with a local power firm in Ohio. Ball doubled the plant’s size last year, bringing it up to a nameplate capacity of 24,000 megawatt hours per annum.
“Utilizing renewable energy is an important lever to further enhance the sustainability credentials of our packaging and we’re exploring similar opportunities across our global footprint,” continued Hayes. “We also continue to work with our customers, suppliers and other industry partners to further enhance the can’s sustainability credentials and meet increasing customer, consumer and retail demand for more sustainable solutions to the plastic pollution crisis.”
Based in suburban Denver, Ball Corporation produces consumer food and beverage packaging for customers around the world. The firm employs 17,500 individuals and boasted net sales of US$11.6 billion in 2018.