Engie to supply 200 GWh of solar, wind power to German Schott

The German unit of French energy company Engie SA (EPA:ENGI) will deliver 200 GWh of power from German wind and solar parks to glass manufacturer Schott AG under two power purchase agreements (PPAs).

The contracted electricity will be produced by six solar parks in Germany that went into operation between 2017 and 2020 and a wind farm that started operations at the end of 2021, Engie Deutschland said on Tuesday.

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The power will be supplied within a period of three years, starting at the beginning of 2023.

Both contracts have a baseload structure with power delivery from concrete plants and the corresponding certificates of origin.

Schott seeks to become climate neutral by 2030 as one of the first companies in its sector to reach this goal. Switching to 100% renewables and green hydrogen for energy-intensive processes is a central part of the plan.

The Mainz-based company is owned by the Carl Zeiss Foundation and manufactures high-tech materials for specialty glass for clients in the healthcare, consumer electronics, semiconductors, energy and other industries.