Renantis has signed a Power Purchase Agreement (PPA) with Amazon. The tech giant will be the corporate off-taker for the energy from two of Renantis’ onshore wind farms in Finland upon their completion.
Once in operation, the Mustalamminmäki and Koiramäki wind farms in Karstula, Central Finland, are expected to produce a combined 174GWh of electricity annually, equivalent to the energy needs of around 20,000 households.
The PPA confirms Amazon’s role as off-taker for the electricity produced by the sites – the first wind farms developed by Renantis in Finland – which will contribute to decarbonizing the supply of energy for the company’s corporate offices, fulfillment centres, and Amazon Web Services’ data centres.
“We are proud of our contribution to Amazon’s sustainability goals by powering their business with our renewable energy,” said Renantis chief executive Toni Volpe.
“This is a great example of businesses and power producers collaborating to meet both business and sustainability objectives. We strongly believe in the importance of long-term contracts both for the energy producer and the energy buyer, taking steps towards a cleaner planet.”
Director of energy at Amazon Lindsay McQuade added: “The Mustalamminmäki and Koiramäki wind farms will soon be contributing to Amazon’s commitments to address the impacts of climate change and our commitment to reach net zero by 2040.
“Power Purchase Agreements are an effective means of enabling investment to decarbonise electricity grids. We’re on track to power our operations with 100% renewable energy by 2025, five years ahead of our original 2030 target.”
The Mustalamminmäki and Koiramäki developments, which have a combined expected capacity of 59MW, are under construction and are expected to reach commercial operation at the end of 2023.
Both wind farms have signed community benefit agreements to support the local association Karstulan Kiva in the development of cultural, sports and social activities for the local community.