Bremen-based renewables developer and operator Energiekontor has agreed to supply a subsidiary of steel producer Salzgitter with over 120 GWh of green electricity annually from two solar parks, which will be built in northeastern Germany.
Energiekontor and Salzgitter Flachstahl have signed initial long-term power purchase agreements (PPAs) with a duration of over 15 years for both projects, the former announced.
As agreed, Salzgitter Flachstahl will be buying enough electricity to save about 84kt of carbon dioxide annually.
The two solar parks will be built in the federal state of Mecklenburg-Western Pomerania and are estimated to have a total generation capacity of around 113 MWp. The construction works are about to begin after Energiekontor received building permits in 2023 and has recently closed all the necessary financial arrangements. The facilities should become operational by mid-2026.
“We are proud to be able to contribute to the industrial transformation in Germany by supplying our electricity from renewable energies.”
Peter Szabo, CEO of Energiekontor AG
“We are proud to be able to contribute to the industrial transformation in Germany by supplying our electricity from renewable energies,” said Peter Szabo, CEO of Energiekontor AG. “Strong partnerships like the one between Salzgitter Flachstahl GmbH, which is one of the leading manufacturers of high-quality steel products, and us, an independent energy supplier, make the energy transition possible in the first place. At the same time, the realisation and technological diversification of our own project pipeline is gaining further momentum, free of state subsidies – an important aim for us.”
Source: Renewables Now