Enel Green Power North America, Inc. signed a VPPA (virtual power purchase agreement) with Lululemon Athletica Inc. This allowed the athletic apparel firm to meet its objective of sourcing renewable electricity (100 percent) throughout its direct activities in North America by the year 2021. Lululemon is going to purchase the electricity supplied to the grid by the 15 MW portion of the North America Azure Sky Wind venture in Texas, US, which belongs to Enel Green Powe, via the VPPA, which was made possible by LevelTen Energy. This is comparable to the electricity utilized by all of the Lululemon’s firm-operated offices, stores, and warehouse infrastructure in North America. This becomes Lululemon’s very first renewable energy VPPA, demonstrating the company’s commitment to its Impact Agenda.
“As more retailers attempt to tackle the circularity of the operations, from product design and production through packaging and end-of-life,” stated Georgios Papadimitriou, who works as the Head in charge of the Enel Green Power in Canada and the United States. “The Lululemon agreement also highlights how enterprises with a distributed operating footprint can use VPPAs to meet their emissions mitigation goals while simultaneously supporting the installation of new renewable power to the electric grid.”
Lululemon will fulfill its renewable energy goals through the VPPA by aggregating electricity load across all of their company-managed distribution centers, stores, and offices, in North America and buying wind energy equivalent to operational footprint’s electricity needs. The company will use renewable energy credits to attain 100 percent renewable electricity for its global operations while searching for ways to encourage net-new renewable energy production in the regions where it operates. LevelTen Energy advised Lululemon on the VPPA, using the Energy Marketplace as well as PPA analytics to aid the firm in project negotiations and selection.
This news will assist Lululemon in meeting its RE100 target by 2021, as well as making progress toward its Impact Agenda objectives, which comprises Science-centered Targets by the year 2030. The company’s goal to be a more sustainable and fairer corporation, as well as its aim to minimize environmental damage and contribute to a healthy society, is detailed in the Impact Agenda, which was released in October 2020.
The Azure Sky Wind and Storage initiative is located west of Dallas-Fort Worth in Throckmorton County, Texas, and comprises a 350 MW wind venture and roughly 137 MW of the battery storage. It is anticipated to be able to operate in 1H2022. The project, which includes 79 wind turbines, is in the process of being built in line with the North America Sustainable Design and Construction framework of Enel Green Power and is estimated to produce more than 1300 GWh/yr, that will be supplied to the grid and used to charge a battery at the same location.