Nokian Tyres Partners with Enery for Romanian Solar Farm

• Nokian Tyres partners with Enery for a groundbreaking PPA, powering its new Romanian factory with clean energy from a 50-MW solar farm—ushering in a sustainable manufacturing revolution.

Nokian Tyres Oyj has entered into a Power Purchase Agreement (PPA) with Enery to secure clean energy for its upcoming factory in Oradea, Romania. This deal involves the construction of a new 50-MW solar farm in southern Romania, which will produce nearly 80 GWh of clean energy annually. The PPA, set for an 11-year term starting in 2025, will enable Nokian’s factory to operate entirely fossil fuels-free when it opens next year.

The agreement represents Enery's sixth PPA in Romania and the 12th across Central and Eastern Europe. Currently, Enery's portfolio generates almost 700 GWh of electricity from 490 MW, with a significant pipeline exceeding 8 GW across 11 countries. Recently, the company launched a 51.4-MWp solar farm with battery storage in northwest Romania.

How will Nokian Tyres’ PPA impact clean energy production in Romania?

Certainly! Here’s an expanded look at how Nokian Tyres’ Power Purchase Agreement (PPA) will impact clean energy production in Romania:

• Boost to Renewable Capacity: The construction of the new 50-MW solar farm will significantly increase the renewable energy capacity in Romania, contributing to the country's goals for expanding its clean energy sector.
• Annual Clean Energy Generation: The expected annual output of nearly 80 GWh from the solar farm will provide a substantial source of clean energy, reducing reliance on fossil fuels and contributing to a decrease in carbon emissions.
• Alignment with EU Goals: By committing to clean energy, Nokian Tyres aligns with the European Union's climate goals and strategies aimed at increasing the use of renewable energy sources across member states.
• Economic Development: The development of the solar farm and the Nokian factory can spur local employment opportunities in construction, manufacturing, and maintenance, along with potential long-term jobs in the renewable energy sector.
• Encouragement for Other Industries: Nokian Tyres' commitment to a fossil-fuels-free operation may inspire other companies in Romania and the region to consider similar sustainable practices, creating a ripple effect in corporate responsibility toward cleaner energy.
• Enhanced Energy Security: The PPA will contribute to Romania's energy security by diversifying the energy supply and reducing dependence on imported fossil fuels, contributing to greater resilience in the face of global energy market fluctuations.
• Support for Local Communities: The solar farm may provide additional socioeconomic benefits for local communities through investment in infrastructure and potentially lower energy costs in the region.
• Strengthening of Enery's Influence: As Enery continues to expand its portfolio of PPAs in Romania and Central and Eastern Europe, this deal reinforces its role as a key player in promoting clean energy initiatives, helping to develop a more sustainable energy landscape.
• Technological Advancements: The collaboration on the solar farm will likely bring innovative technologies and best practices to Romania's renewable sector, fostering knowledge transfer and capacity building among local stakeholders.
• Environmental Impact: The shift towards a solar-powered facility contributes positively to biodiversity and land use considerations, as solar farms generally have a lower environmental footprint compared to fossil fuel extraction and use.
• Opportunity for Future Projects: This PPA sets a precedent for future renewable energy projects in Romania, showcasing the viability and benefits of such investments to potential investors and stakeholders interested in transitioning to cleaner energy solutions.