ACC News Brief

Clean Energy Spain, Greece, South Africa, and India

Six new power agreements link industry to wind and solar

Industrial energy managers review power data beside an air-separation plant supplied by nearby solar panels and wind turbines.
Image credit: Affect Climate Change Inc. custom editorial artwork; evidence source: Linde

What happened

Industrial-gases company Linde announced six new power-purchase agreements for renewable electricity in Spain, Greece, South Africa, and India. The company says the contracts will supply about 0.63 terawatt-hours per year from newly developed wind and solar assets. Linde also reports that low-carbon power now provides about half of its global electricity use and that active renewable purchases rose from 2.8 TWh in 2021 to 7.6 TWh in 2025.

Why it matters

Long-term corporate power contracts can help new renewable projects secure financing while reducing the electricity footprint of energy-intensive industrial operations. Climate value depends on whether the agreements add new generation, match where and when power is consumed, and are accompanied by direct efficiency and process-emissions reductions.

What to watch

  • When the contracted wind and solar assets enter operation and whether annual delivery matches the announcement.
  • Project locations, local grid constraints, community benefits, and environmental safeguards.
  • Transparent reporting on additionality, hourly electricity matching, efficiency, and total company emissions.

Sources & evidence

Topics

  • Power Purchase Agreements
  • Industrial Decarbonization
  • Wind Energy
  • Solar Energy
  • Corporate Climate Action