Mainova to off-take 140 GWh of wind power from Engie in Germany
Wind turbine. Author: Martin Cathrae. License: CC BY-SA 2.0
German regional energy company Mainova AG (FRA:MNV6) will source 140 GWh of electricity from wind parks operated by the local unit of French energy company Engie SA (EPA:ENGI) and supply it to its customers to support them in achieving their sustainability goals.
The contracted electricity will be delivered in 2023 and 2024 under a power purchase agreement (PPA) between Mainova and Engie Deutschland, the latter said on Monday.
The clean power is generated by nine wind parks in Germany that no longer receive subsidies under the Renewable Energy Act (EEG). The deal with Mainova will ensure the further operation of these turbines.
The PPA with Engie is expanding Mainova's portfolio of climate-neutral electricity to help it meet the increasing demand for green power from German plants, said Harald Herzig, Head of Energy Procurement and Trading at Mainova.
In February, Engie Deutschland signed a deal to supply 28 million kWh of green electricity in 2022 from wind parks in North Rhine-Westphalia to German aluminium producer Aluminium Norf GmbH (Alunorf).
Anna is a DACH expert when it comes to covering business news and spotting trends. She has also built a deep understanding of Middle Eastern markets and has helped expand Renewables Now's reach into this hot region.