Guangdong Energy, China Three Gorges to supply power to Linde

The delivery of electricity will start in the first quarter of 2024.

Global industrial gases and engineering firm Linde signed two new long-term power purchase agreements with Guangdong Energy and China Tree Gorges Corporation, securing renewable energy supply for its operations.

In a statement, Linde said the 25-year power purchase deals with the two Chinese power firms will supply electricity generated by solar projects in Guangdong and Jiangsu starting in the year's first quarter.

ALSO READ: China, India to lead power demand growth

“These agreements take us another step towards our 2035 emissions reduction target and enable us to supply industrial gases with a lower carbon intensity to our customers in China at a competitive price,” said Will Li, President Greater China, Linde. “They are central to two important objectives for the company: helping our customers to decarbonize and reducing Linde’s own emissions.”

Aside from the emissions reduction goal by 2035, Linde aims to achieve climate neutrality by 2050.