Renewable Power Capital (RPC) has started the construction of two wind farms in Sweden totalling 230MW.
Chemicals producer LyondellBasell has two 10-year power purchase agreements (PPA) for the electricity produced by both wind farms.
RPC’s Storhojden and Knasjoberget wind farms form part of its 553MW cluster of four wind farms in the Kramfors and Solleftea municipalities.
In January 2024, RPC announced it had ordered 80 Nordex turbines for this cluster.
The manufacturer will start delivering and installing the hardware in the spring of 2025 and the Storhojden and Knasjoberget wind farms are expected to start operations at the beginning of 2026.
Managing director of power markets and asset management at RPC Steve Hunter said: “We are delighted to announce the start of construction at these two wind farms. This progress, and the fact we have already secured PPAs for the wind farms, is a testament to both the expertise of our team and the strength of our subsidy-free investment strategy.
“We have already hit some important milestones this year and are excited to build on this progress, working alongside our partners such as LyondellBasell to develop clean energy capacity.”
The PPAs will help LyondellBasell to reach its target to procure a minimum of 50% of electricity from renewable sources by 2030, based on 2020 levels.
LyondellBasell’s senior vice president for net zero transition strategy Chris Cain said: “We are taking decisive steps to reduce our scope 1 and 2 greenhouse gas emissions and power purchase agreements are a critical lever towards meeting our targets.
“The projects in Sweden make significant contribution to our renewable energy goal and help us accelerate the development of clean energy.”
Separately, in January 2024, RPC signed a 10-year PPA with Ardagh Glass Packaging-Europe for the electricity produced by the 161MW Vitberget wind farm, which is also part of the cluster in Sweden.