Elawan bags Google PPA for 37-MW solar project in Texas
Sep 19, 2024 13:49 CESTSwedish state-owned utility Vattenfall AB and German copper products maker Wieland Group today unveiled a 10-year power purchase agreement (PPA) that will support the decarbonisation of industrial production.
The contract is tied to Vattenfall’s 46-MW solar park in Nauen, Brandenburg, Germany, which is currently under development. Once completed in 2025, it will be supplying around 46 GWh of electricity per year for metalworking processes.
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“In addition to our own renewable energy production through photovoltaic systems, Wieland has set itself the ambitious goal of using 100% renewable energy for its electrified production facilities in the future," said Erwin Mayr, CEO of the Wieland Group.
The PPA will allow Wieland-Werke AG to cover about 10% of its energy needs in Germany with renewable energy.
"Our energy partnership with Wieland is an example of how entire value chains can be made fossil-free in practice. Because it decarbonises precisely those metalworking processes that ultimately form the basis for products and services central to the energy transition - including our own," commented Christine zu Putlitz, who is in charge of marketing renewable energy at Vattenfall.
The announcement notes that after the political decision against a subsidised industrial electricity price in Germany, demand for electricity partnerships between producers and industrial companies is expected to increase in the coming years.
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