Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTStatkraft inks utility PPA with Solvay to resell power from Finnish wind farm
Pajuperankangas is ABO Wind's fourth wind farm in Haapajarvi. The picture shows tubrines erected in 2015 and 2017. Image by ABO Wind.
April 27 (Renewables Now) - Belgian chemical company Solvay SA (EBR:SOLB) has procured wind energy for its operations in Finland under a ten-year utility power purchase agreement (PPA) with Norway’s Statkraft AS, Statkraft announced on Wednesday.
The contracted electricity will be generated by the 86.8-MW Pajuperankangas wind farm in Finland, which is currently under construction.
The PPA will enable Solvay’s hydrogen peroxide production site in Voikkaa, Finland, to run on 100% wind energy, the Norwegian company said. Statkraft itself procured the output from the Pajuperankangas wind farm under a ten-year PPA it signed recently with the project developer ABO Wind AG (ETR:AB9).
Pajuperankangas will feature 14 Vestas V162 turbines. The wind farm will be ready to start feeding power into the grid in autumn 2023.
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