Statkraft inks wind, solar PPAs with optics major ZEISS

Norwegian renewable power producer Statkraft AS has agreed to supply 800 GWh of wind and solar electricity to German optics and optoelectronics firm ZEISS over a period of 11 years.

The two companies have signed a number of power purchase agreements (PPAs), each having a different term and starting date, to support ZEISS’ ambition to become climate-neutral in its own activities by 2025, according to a statement released on Thursday.

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ZEISS has been buying power from some older wind farms within Statkraft's portfolio since 2021 and has now signed contracts for the output of a couple of new facilities. More specifically, it will begin souring electricity from two new onshore wind farms in Lower Saxony from 2025.

Additionally, electricity is being supplied by the 120-MWp Schornhof solar farm in Bavaria.

All of ZEISS’ locations in Germany have been using green electricity since the company’s fiscal year 2019/2020, the statement notes.