Statkraft indicators additional 300GWh PPA with German firm

• Onshore wind as well as solar perseverance 2 OPTERRA cement factories

Statkraft has actually authorized a further power purchase agreement (PPA) with OPTERRA, one of Germany's leading cement producers, to supply an additional 300GWh of renewable power from onshore wind and also solar power.

It adheres to a wind power PPA agreed in 2021 as well as enables OPTERRA to further transition its plant operations to a renewable resource supply.

OPTERRA will get power from Statkraft to its plants in Karsdorf (Saxony-Anhalt) as well as Wössingen (Baden-Württemberg).

From April 2022 to June 2023, 15GWh of wind power will certainly be offered; as well as from July 2023 to December 2032 around 30GWh of solar power will certainly be supplied each year.

Statkraft head of source in Germany Patrick Koch said: "Having concluded the first wind power PPA at the end of 2021, OPTERRA has actually sought additional environment-friendly power volumes for a long-lasting duration.

" Thanks to our diversified portfolio, we can incorporate electricity materials from wind farms readily available at short notice with long-term electricity materials from brand-new solar plants.

" Therefore, OPTERRA gets exactly the PPA principle that fulfills its demands.

" Renewable power PPAs are still relatively brand-new in some German sectors.

" As a seasoned and reliable companion, we are extremely happy to be able to demonstrate just how such PPAs assist energy-intensive business like OPTERRA to reduce CO2 emissions."

OPTERRA chief executive Danilo Buscaglia added: "The second PPA is another step forward on our roadmap for reducing CO2 emissions.

" Initiatives like these demonstrate our recurring sustainability commitments as well as contribute to achieving OPTERRA's enthusiastic sustainability goals."

In December in 2014, Statkraft as well as OPTERRA wrapped up a renewable power PPA with a term of four years (2022 to 2025) and also a complete supply volume of 120GWh of wind power.

With the additional annual distribution of around 30GWh of renewable power, which represents the annual consumption of around 7,500 four-person families, OPTERRA will certainly be able to cover to 20% of the Karsdorf and also Wössingen cement plants' yearly electricity need.

The wind power is produced from projects that no more get EEG subsidies so this PPA enables the ongoing operation of these wind farms.

The solar energy is supplied from Statkraft's solar portfolio and therefore straight sustains the growth of renewable resource in Germany.