Coca-Cola secures 100% renewable energy target via 300MW solar PV agreement in Australia

September 18, 2024
Facebook
Twitter
LinkedIn
Reddit
Email
The ten-year agreement with Engie will enable CCEP to secure the remaining energy needed to fulfil its RE100 commitment. Image: Coca-Cola Europacific Partners.

Coca-Cola Europacific Partners (CCEP) has signed a virtual power purchase agreement (VPPA) with French developer Engie to source green electricity from the newly-built 300MW Wellington North Solar Farm in New South Wales, Australia.

Under the terms of the VPPA, CCEP will acquire a percentage of the renewable energy and associated Renewable Energy Credits (RECs) from the solar PV power plant, which is owned by Lightsource bp. In doing so, the organisation will be fully powered by renewable energy by 1 January 2025, a year ahead of its pre-agreed target.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The ten-year agreement with Engie will enable CCEP to secure the remaining energy needed to fulfil its RE100 commitment, a major milestone on the company’s journey towards net zero.

Orlando Rodriguez, managing director at CCEP Australia, said the organisation has engaged in a strategic power purchase agreement and made the most of rooftop solar PV on its facilities to reach this milestone.

“Our partnership with Engie and the signing of the VPPA agreement has accelerated our transition to reach our RE100 target in Australia a full year early. This will make CCEP one of the first FMCG players in the country to achieve the RE100 commitment and is an important milestone for our business,” Rodriguez added.

Wellington North Solar Farm is located north-east of Wellington and south-east of Dubbo in the Orana region of New South Wales. The site spans approximately 970 hectares, utilises more than 1.2 million solar PV modules and has the capacity to generate 925,000MWh of renewable electricity per year.

Power purchase agreements in Australia

CCEP has become the latest company to offtake renewable energy produced by solar PV power plants in Australia in recent months. Indeed, yesterday (17 September), PV Tech reported that state-owned energy company Stanwell inked a 15-year PPA to secure renewable energy derived from 775MW of solar PV owned by Genex Power in Queensland.

The agreement encompasses the Bulli Creek Stage 1 Solar Farm, which has a generation capacity of 775MW. It is being co-developed by Genex and J-POWER, which recently acquired Genex.

Once in operation, the companies claim, it will become the largest grid-connected solar farm in Australia. Under the terms of the PPA, Stanwell will purchase up to 550MW from Bulli Creek Stage 1 Solar Farm, situated in southern Queensland, to the west of Brisbane.

Earlier this month (11 September), Australian telecommunications giant Telstra inked a PPA to secure 50% of the electricity generated from the 260MW Glenellen Solar Farm in New South Wales.

Australia’s Global Power Generation (GPG) secured the project from Trina Solar in February 2024, with the company detailing that the project was “one of the largest solar farms under development in New South Wales, with an estimated 393,960 panels, spread over 300 hectares of land”, in an article for PV Tech.

Read Next

October 31, 2025
US independent power producer (IPP) Treaty Oak Clean Energy has signed two environmental attribute purchase agreements (EAPA) with social media and data giant Meta.
October 31, 2025
Australia's solar and energy storage sectors delivered transformative performance during the third quarter of 2025, with grid-scale solar generation reaching 1,699MW average output while battery systems expanded capacity by 2,936MW since Q3 2024.
October 31, 2025
Acen Australia has committed to recycling around one million solar modules from its 400MW Stubbo solar PV power plant in New South Wales.
October 30, 2025
Global net zero by 2050 is now “impossible” and the world is on course for temperature rises of 2.6°C, according to energy market analyst Wood Mackenzie.
October 30, 2025
New Zealand’s Genesis Energy has announced plans to acquire and develop a 271MWp solar project in Waikato, on the country’s upper North Island. 
October 30, 2025
Meridian Energy, a New Zealand state-owned energy company, has begun the construction of its 230GWh Ruakaka solar plant. 

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 12, 2025
10am PST / 1pm EST
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany