Introduction
The contemporary business landscape is witnessing a paradigm shift towards sustainable practices, with companies recognizing the need to integrate environmental considerations into their operations. This case study delves into a strategic partnership between KCM, a leading Bulgarian zinc and lead producer, and Enery, a multi-technology green energy producer. The study explores how prime industrial companies like KCM can successfully collaborate with renewable industry leaders like Enery to secure the construction of large-scale green energy projects supporting the local communities, country’s decarbonisation targets and finally, support sustainable economic growth.
Enery's Profile
Enery stands at the forefront of green energy production, boasting a diverse portfolio of technologies and a significant operational presence in Central and Eastern Europe. The company's core mission extends beyond mere energy generation; it focuses on decarbonizing the region and investing in local communities. Enery achieves this through the accomplishment of large-scale renewable projects, driven by adherence to industry best practices and collaboration with partners who share their vision of sustainable development. In Bulgaria, Enery has a tangible impact through the ownership of one of the largest photovoltaic power plants and a robust pipeline of projects totalling approximately 1 GW.
Customer Profile: KCM
KCM, a premier lead and zinc producer in south-eastern Europe, is recognized for its global reach and contribution to the country's economic landscape. The company excels in various aspects, including mining, production, trading of concentrates, non-ferrous metals, alloys, technological engineering, and comprehensive industrial services. With a significant energy-intensive footprint, its pursuit of energy supply solutions aligned with green principles underscores KCM's commitment to sustainability.
Enery's Green Solution
Enery's strategic alignment with KCM's sustainability objectives materializes through a Green Power Purchase Agreement (PPA). This partnership marks a significant milestone as Enery secured the construction of a state-of-the-art solar power plant located in North Bulgaria. This PV plant is projected to generate nearly 200,000 MWh of clean energy annually, aligning seamlessly with KCM's aspirations for sustainable energy sourcing. The agreement, spanning over 12 years and commencing in 2024, establishes Enery as the supplier of choice for KCM's facilities in the Plovdiv city district, ensuring a consistent renewable energy supply. This is currently the largest corporate PPA in the country in terms of volume and the fixed price secures predictability of the energy costs, higher level of predictability and ESG rating for the off taker. On the other hand, Enery was endorsed as a reliable partner by one of the most progressive industrial companies in the region with clear sustainability targets and innovation-driven operations. Both parties managed to negotiate a bankable, mutually beneficial off take agreement applying the best practices in the field.
A Mutual Vision for Sustainability
Citation by the KCM management team: KCM AD executive management: “We believe that partnering with Enery is а viable business approach to achieve sustainable and long-lasting effects from the implementation of green solutions. The interaction between responsible energy consumers and competent suppliers and producers of green energy is at the core of achieving the EU’s clean energy goals.” This endorsement reflects a broader trend in the business landscape where sustainability is increasingly viewed as an enabler of both environmental stewardship and economic resilience.
Conclusion
By providing green energy solutions that align with KCM's commitment to sustainability, Enery showcases the potential for companies to drive positive change through strategic partnerships. This case study underscores the symbiotic relationship between environmentally conscious businesses and green energy providers, furthering the shared vision of a sustainable future. As the business landscape continues to evolve, partnerships like these will play an integral role in shaping a greener and more sustainable world.
Contacts:
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