Rezolv Energy has signed a 10-year virtual power purchase agreement (VPPA) in Romania with Bekaert for output from its 461MW Vifor wind farm.
The deal will see the coatings producer Bekaert buy 100GWh of renewable power per year from the array, which has been developed by Rezolv and Low Carbon in Buzau County, Romania.
Once operational, Vifor will be one of Europe’s largest onshore wind farms.
Bekaert’s vice president of commodities Michael Hamilton said: “We are delighted to sign this exciting project in Romania with Rezolv.
“This agreement not only enhances our existing renewable energy portfolio but also exemplifies our commitment to sustainability and creating value for all of our stakeholders.
“By integrating renewable energy sources into our operations, we are taking significant steps towards a greener future for our company and the customers we serve.”
Rezolv Energy chief executive Alastair Hammond added: “We are proud to be contributing to Bekaert’s decarbonisation objectives through this VPPA.
“By signing it, Bekaert is also enabling the first phase of the Vifor project, a large-scale wind farm which will play a significant role in Romania’s energy transition.
“Phase 2 will help us meet even more of the widespread corporate demand for clean power.”