Statkraft inks utility PPA with Solvay to resell power from Finnish wind farm

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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