Mondelez plans USD-1m solar investment for Polish factories

US snacks producer Mondelez International Inc (NASDAQ:MDLZ) will equip its factories in Poland with 3 MW of on-site solar photovoltaic (PV) plants under efforts to achieve net zero emissions across its entire value chain by 2050.

The company offering the Oreo, Milka and Toblerone chocolates, 7Days croissants and belVita cookies recently said it will invest about USD 1 million (EUR 913,400) in the initiative.

The project will see Mondelez install PV plants within or near three of its Polish manufacturing sites. The largest one will be a solar park in Skarbimierz, in southern Poland’s Opole Voivodeship, which will consist of 1,852 monocrystalline panels. Two other plants will be installed near the company’s factories in Bielany Wrocławskie and Jankowice, near Poznan.

Mondelez is already a member of Science Based Targets Initiative (SBTi)’s Net Zero Carbon Ambition initiative. The company has added PV arrays at some of its locations, sources wind and solar electricity under power purchase agreements (PPAs) and also buys renewable energy credits (REC).

(USD 1.0 = EUR 0.913)

Choose your newsletter by Renewables Now. Join for free!