- OPmobility signed a renewable electricity and PPA agreement with EDP in Spain to strengthen its long-term decarbonization strategy.
- The renewable energy contract will cover around 25% of OPmobility’s electricity demand in Spain beginning in 2026.
OPmobility has entered into a multi-year renewable energy supply agreement with EDP in Spain as part of its broader strategy to reduce carbon emissions across its operations. The agreement reflects the company’s ongoing efforts to strengthen the use of renewable electricity while supporting long-term sustainability objectives. OPmobility, previously known as Plastic Omnium, confirmed that the new agreement comes after the company achieved carbon neutrality for scope 1 and scope 2 emissions in 2025.
The partnership includes two major components designed to increase renewable electricity sourcing for OPmobility’s operations in Spain. These include a renewable electricity supply contract and a Power Purchase Agreement linked to EDP’s Las Lomillas photovoltaic plant. Through this arrangement, OPmobility expects to secure a significant share of its electricity demand from renewable energy sources beginning in 2026, supporting the company’s transition toward cleaner industrial operations.
Renewable Energy Coverage for Spain Operations
Starting in 2026, the agreement is expected to supply nearly 25% of OPmobility’s current electricity requirements in Spain. The renewable power will be sourced through EDP’s photovoltaic infrastructure, helping the company reduce dependence on conventional electricity generation. The agreement aligns with growing industrial efforts across Europe to increase renewable energy procurement and improve operational sustainability through long-term clean energy partnerships.
Key Highlights of the OPmobility and EDP Agreement
The agreement outlines several important elements related to renewable electricity sourcing and sustainability commitments for OPmobility’s operations in Spain.
| Category | Details |
|---|---|
| Energy Partner | EDP |
| Country | Spain |
| Renewable Source | Las Lomillas Photovoltaic Plant |
| Coverage Start | 2026 |
| Electricity Coverage | Approximately 25% of current electricity needs in Spain |
Long-Term Decarbonization and Net-Zero Targets
OPmobility continues to expand its sustainability roadmap beyond operational emissions reductions. The company aims to lower upstream and downstream scope 3 CO2 emissions by 30% before 2030 compared with 2019 levels. In addition, OPmobility has established a long-term objective of achieving Net-Zero emissions by 2050. Renewable electricity agreements such as the partnership with EDP are expected to play an important role in supporting these environmental commitments and accelerating industrial decarbonization initiatives.
Frequently Asked Questions
What is the purpose of the renewable energy agreement between OPmobility and EDP?
The agreement is intended to support OPmobility’s decarbonization strategy by increasing the use of renewable electricity in its operations across Spain. It includes both a renewable electricity supply contract and a Power Purchase Agreement connected to EDP’s Las Lomillas photovoltaic plant. Beginning in 2026, the agreement will provide around 25% of OPmobility’s electricity needs in Spain through renewable energy sources, helping the company strengthen sustainability efforts and reduce operational carbon emissions.
What are OPmobility’s long-term carbon reduction targets?
OPmobility aims to reduce its upstream and downstream scope 3 CO2 emissions by 30% by 2030 compared with 2019 levels. The company has already achieved carbon neutrality for scope 1 and scope 2 emissions in 2025. In addition to these milestones, OPmobility plans to achieve Net-Zero emissions by 2050 as part of its broader environmental and sustainability strategy focused on long-term industrial decarbonization.
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