Competitive Power Ventures has announced a power purchase agreement (PPA) with Hydro. Energy from CPV's Maple Hill solar facility will power Hydro's aluminium extrusion facility in Cressona, Pennsylvania. The company employs about 1,100 workers in Schuylkill County.

Maple Hill, in Portage Township, Pennsylvania, began construction earlier this year and will start providing power to the Hydro Cressona facility in summer of 2022. The 127 MWdc facility will consist of 237,000 solar panels that utilise the latest bi-facial technology and a single-axis tracking system to maximise energy production.

CPV Executive Vice President Sean Finnerty commented on the agreement,

"CPV is pleased to be partnering with an international leader in the aluminium and energy industries, and we look forward to bolstering their renewable energy pipeline, … Leveraging Maple Hill — built on a former coal mine — to power a world-leading extrusion facility is a fantastic example of how clean energy can dovetail with responsible economic growth and development."

Sean Finnerty, CPV Executive Vice President

CPV's PPA with Hydro is the first long-term energy contract signed by Hydro in the U.S. The company has a strong focus on sustainability and recently announced plans to invest $48.3 million in Cressona, Pennsylvania, to support the growing transportation, distribution, and industrial market segments in North America.

Mike Hammer, Senior Director of Operations at Hydro Cressona added,

"Utilising a renewable energy provider like CPV in the production of our aluminium products is the perfect complement for Hydro's sustainability goals, and we're excited to be the first site in North America to take this step, … The clean, locally-generated energy from CPV's Maple Hill site makes it an ideal facility to support our investments and world-leading capabilities in Cressona."

Mike Hammer, Senior Director of Operations at Hydro

For more information, visit:

https://www.hydro.com/en/media/news/