• Consortium formed in 2020 between Philips, HEINEKEN, Nouryon and Signify to secure green electricity in Europe
• The consortium is an important building block towards Philips’ sustainability ambitions
• The construction is progressing according to schedule, expected to be fully up and running by early 2023
On the 11th of December 2020 Royal Philips announced a consortium with HEINEKEN, Nouryon and Signify in a unique Pan-European green energy deal securing additional renewable electricity in Europe. This consortium is an important building block towards Philips’ commitment to remain carbon neutral in its operations and source 100% of its electricity from renewable sources.
Green energy is the future
The deal stemmed out of the four companies joined vision for long-term green energy support led to the construction of 35 new wind turbines. Mutkalampi municipality in the Central and Northern Ostrobothnia regions of Finland will be home to the wind farm, developed and owned by Neoen, a French independent power producer, expected to be fully up and running by early 2023. When in production, it will have an expected output volume of 330 GWh per year – equivalent to the electricity consumption of 40,000 households.