- Press Releases
September 8 (Renewables Now) - Austrian chemicals and fertilisers producer Borealis will be buying green electricity over a period of nine years from Swiss renewables producer and marketer Axpo Holding AG, the latter announced today.
Under the terms of the power purchase agreement (PPA), Axpo will supply up to 100,000 MWh of electricity to Borealis from two Belgian wind farms located in Hannut and Beaumont. Deliveries will commence in January 2022.
Borealis will use the green power supply to raise the share of renewable power in its overall energy consumption at its production facilities in Belgium.
“Our target of sourcing 50% of renewable electricity for our operations by 2030 has become yet another step more tangible,” commented Wolfram Krenn, Borealis Executive Vice President Base Chemicals and Operations.