In a significant move towards sustainable energy solutions, GLP Clean Energy and the European fast charging company Fastned have established a pioneering Corporate Power Purchase Agreement (CPPA). Set at GLP’s G-Park Zevenaar, one of Europe’s biggest rooftop solar installations, this agreement is a great example of the collective efforts driving Europe’s transition to green energy. The contract came about thanks to the expertise and involvement of Ecorus.
Known for its innovative approach in solar energy, Ecorus played an important role in successfully realizing this project. The company’s experience in CPPAs and her relationships with key stakeholders, including Fastned’s energy supplier Scholt Energy and project owner GLP, played a pivotal role in the establishing of this agreement.
Ecorus facilitated the CPPA agreement with Scholt Energy, oversaw the construction and will oversee the ongoing maintenance of the G-Park Zevenaar solar project. With an impressive installed capacity of 16.2MWp, the project is a perfect example of Ecorus’ commitment to a sustainable future, contributing significantly to CO2 emission reduction by offsetting a 5,000 tonnes annually.
“We take great pride in contributing in this collaboration with Fastned and GLP says Mike Dusseldorp, Head of PPA and Energy Markets at Ecorus. “The innovative design of the PV system in Zevenaar not only increased energy output but also reduced operational costs, benefiting both GLP and Fastned. Our unique position as the builder of GLP’s Zevenaar project and our experience with PPA enabled us to effectively contribute to the process and progress. For Fastned, this marks a significant step towards the future.
Ecorus’ diverse portfolio, encompassing solar parks, solar carports, and E-truck charging solutions, perfectly complements Fastned’s mission; accelerating the transition to electric driving.
Michiel Langezaal, co-founder and CEO of Fastned: ‘For Fastned, it is important that we can provide our customers with sufficient sustainably generated power at a stable price today and in the future. As the number of electric vehicles on the road grows, so does the demand for fast charging. This agreement helps to bring supply and demand together. In addition, this long-term agreement assures the developer of the solar park of the purchase of all generated power. This enables them to develop new sustainable energy projects. This partnership contributes to a more sustainable future and helps us accelerate the transition to electric driving.’
Ecorus continues to develop in the renewable energy sector. Involvement in projects such as G-Park Zevenaar Ecorus underlines its role as a frontrunner in the global energy transition.
About Fastned
Fastned is on a mission to accelerate the transition to electric mobility. Since 2012, we’ve been at the forefront of European charging infrastructure development, building and operating a rapidly growing network of iconic fast charging stations. Our yellow, nature inspired stations create a welcoming environment for drivers during the 10-15 minutes it takes to charge up to 300 km of range. By offering Europe’s most reliable, convenient and joyful charging experience, we aim to inspire millions to drive on solar and wind energy so that together we can curb climate change. Fastned is listed at Euronext Amsterdam (AMS: FAST).
About GLP
GLP is a leading global business builder, owner, developer and operator of logistics real estate, data centres, renewable energy and related technologies. GLP’s deep expertise and operational insights allow it to build and scale high-quality businesses and create value for its customers. GLP owns and operates assets and businesses in 17 countries across Asia, Europe and the Americas. GLP Capital Partners, a global alternative asset manager with approximately $124 billion in assets under management as of 30 June 2023, is the exclusive investment and asset manager of GLP.
We are committed to a broad range of environmental, social and governance (ESG) commitments that elevate our business, protect the interest of our stakeholders, support our employees and customers and enhance our local communities. Learn more at glp.com/global.
Our European operating portfolio consists of more than 9.5 million SQM across the strategic logistic markets, which is leased to blue chip customers such as Amazon, DHL and GXO Logistics. In addition, GLP Europe has a prime land bank which allows for the development of an additional 3 million SQM. To learn more about our European operations, please go to eu.glp.com
