H&M group signs a power purchase agreement with Neoen and Alight for a new solar park in Sweden (90 MWp)
The construction of the landmark Hultsfred solar project, developed and owned by Neoen and Alight is scheduled to begin in the second half of 2023. Under the long-term agreement, the solar park will provide renewable energy to H&M Group and play an important role in reducing H&M Group’s carbon footprint. This is the largest solar PPA in Sweden to date. With a total capacity of at least 90 MWp, the Hultsfred solar park will generate the equivalent to the annual electricity consumption of over 16,000 homes.Neoen (ISIN: FR0011675362, ticker: NEOEN), one of the world’s leading producers of