Evonik and EnBW Sign Purchase Agreement for Power Supply from Offshore Wind Farm
Evonik has extended its cooperation with EnBW, and signed a second power purchase agreement from the planned “He Dreiht” offshore wind farm. A first power purchase agreement (PPA) was already concluded to purchase 100 megawatts (MW) last year. The second agreement now adds a further 50 MW. As a result, the specialty chemicals company should be able to cover more than a third of its power requirements in Europe from 2026 onwards. The term of the second tranche is also 15 years.
“Extending the cooperation with EnBW is the next step on our way to significantly reducing our dependence on fossil fuels and their price fluctuations,” says Christian Kullmann, CEO of Evonik. “We are fully determined to increase the share of green electricity in our energy mix and thus further reduce greenhouse gas emissions.”