• Mars’ first European Renewable Acceleration contract will deliver over 129 MWac of new solar capacity in Poland by 2027.
• The projects, developed with GoldenPeaks Capital, will generate 222 GWh annually—enough to power roughly 100,000 households.
• The initiative expands Mars’ clean energy coverage beyond its direct operations to include key suppliers such as Cargill, advancing EU and global decarbonization goals.
Mars Expands Renewable Acceleration Strategy into Europe
Mars, Incorporated has signed its first European Renewable Acceleration contract with GoldenPeaks Capital to develop over 100 solar projects across Poland, advancing its goal to power both its operations and supply chain with 100% renewable electricity.
The agreement, among the largest multi-buyer renewable energy deals ever signed in Central and Eastern Europe, will deliver more than 129 MWac of solar capacity to Mars by 2027. The new facilities are expected to generate 222 GWh of clean power annually—equivalent to the electricity consumption of approximately 100,000 Polish households.
The collaboration supports Poland’s ongoing transition away from coal, a key pillar of its energy mix, while contributing to the European Union’s broader climate neutrality targets.
A New Model for Shared Decarbonization
Mars’ Renewable Acceleration program is designed to move beyond traditional corporate power purchase agreements by including the company’s suppliers in shared clean energy sourcing. In this case, Cargill—one of Mars’ largest suppliers—signed its own agreement with GoldenPeaks Capital alongside Mars, effectively scaling the project and creating additional efficiencies.
This structure allows both companies to secure renewable electricity for operations tied to Mars’ supply chain, aligning scope 2 and scope 3 emissions reductions and demonstrating how shared procurement models can amplify impact.
Kevin Rabinovitch, Global VP of Sustainability at Mars, said the partnership represents a practical demonstration of the company’s global renewable strategy. “Building on our recent work with Enel in North America, this next step in Europe clearly demonstrates our vision to make renewables the standard wherever Mars does business,” he said. “It’s unique and significant that one of our largest suppliers, Cargill, is joining us to accelerate the shift to clean energy for our shared supply chains. Climate action must be global to be truly effective.”
GoldenPeaks Capital Founder and Chairman Adriano Agosti added that Mars’ scale and ambition make it a “catalyst for decarbonization across industries.” He described the project as an example of how corporate energy partnerships can align economic opportunity with global climate responsibility.
Part of a Global Push Toward Net Zero
The Poland project follows Mars’ September announcement of a renewable energy partnership with Enel in North America. Together, these contracts form the foundation of Mars’ Renewable Acceleration strategy—a coordinated effort to bring all company energy consumption, including that of key suppliers, under renewable sourcing by 2030.
Mars aims to reduce its total carbon footprint by 10% through the initiative, contributing to its wider plan to reach net zero emissions by 2050. Beyond renewable power, the company’s roadmap includes tackling deforestation, investing in climate-smart agriculture, and embedding low-carbon logistics across its global operations.
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Policy and Market Implications
The deal also reflects broader shifts in Europe’s corporate energy procurement landscape. Poland, one of the EU’s most coal-dependent economies, has become a focal point for renewable investment as developers seek to balance energy security and decarbonization. GoldenPeaks Capital’s pipeline of over 100 new solar sites highlights how corporate offtake agreements can accelerate grid diversification and provide stable demand for renewable generation.
For investors and corporate sustainability leaders, the Mars–GoldenPeaks model demonstrates the growing value of multi-buyer contracts in scaling clean energy access. By pooling demand across linked value chains, companies can overcome market barriers, achieve cost efficiencies, and accelerate emissions reductions in regions where renewable infrastructure remains nascent.
Looking Ahead
Mars’ European expansion marks a new phase in its renewable energy journey, aligning supply chain collaboration with regional policy priorities. The company has confirmed additional global agreements are under negotiation, each designed to integrate suppliers and partners into a unified decarbonization framework.
As multinational corporations face increasing pressure from regulators, investors, and consumers to align with net zero pathways, the success of such cross-sector models will shape how global value chains transition toward cleaner, more resilient energy systems.
In Europe’s evolving energy landscape, Mars’ collaboration with GoldenPeaks Capital stands as both a corporate sustainability move and a signal of shifting momentum toward shared climate accountability across industries.
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