Elawan bags Google PPA for 37-MW solar project in Texas
Sep 19, 2024 13:49 CESTSwedish paper pulp maker Rottneros AB (STO:RROS) said on Tuesday that it has signed a deal to offtake just above 30 GWh of electricity annually from the domestic 116-MW Malarberget wind farm.
The power purchase agreement (PPA) with a term of 8.5 years was inked with German electric utility EnBW Energie Baden-Wuerttemberg AG (ETR:EBK) and includes Guarantees of Origin (GoOs). Power supply under the deal is set to begin in 2025.
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The contract with EnBW comes in line with Rottneros’ ambitions to cut the environmental impact of its operations, targeting fossil-free production by 2030.
In April, the Swedish company announced a plan to invest SEK 86 million (USD 8.33m/EUR 7.55m) in a solar-plus-storage project at its mill in Soderhamn, east-central Sweden.
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