RWE to supply VW with German solar

• 10-year PPA covers 170GWh each year from the PV plant which is scheduled for completion in late 2021

RWE Supply & Trading will certainly source electrical energy from Germany's largest subsidy-free solar park from 2022 onwards as well as provide it to automaker VW.

The solar plant, operated by German possession supervisor Luxcara in Tramm-Gothen, is scheduled for conclusion by the end of 2021.

The 10-year power acquisition arrangement is among the biggest in Germany, covering a yearly volume of approximately 170 gigawatt hours.

The solar park in Mecklenburg belongs to Luxcara's Europe-wide renewables portfolio of over 3GW.

The collaboration between RWE as well as VW also extends to further projects, which are in the drawing board at RWE.

" By becoming part of this contract we are backing VW's enthusiastic climate protection programme. As around the world energetic power trader, we offer personalized options for the purchase of eco-friendly electricity, from both our own and third-party plants", stated RWE Supply & Trading industrial possession optimization principal operating officer Ulf Kerstin.

" RWE is also planning new renewable resource plants that will be carried out with the assistance of VW on the basis of lasting procurement agreements."

RWE Renewables Chief Executive Officer Anja Dotzenrath included: "eMobility and also renewables are two sides of the very same coin. Without green electrical power, there can be no lasting transformation of the transport sector.

" By working with VW in this way, we can turn extra eco-friendly power projects into truth, and do an also much better job of attaining our enthusiastic development targets for renewables."