Statkraft has signed a power purchase agreement (PPA) to supply automotive supplier ZF with a total of 250 gigawatt-hours (GWh) of electricity for its plants and office locations in Germany.
The PPA supports ZF’s goal of switching all locations to 100% renewable power by 2030.
Statkraft will deliver 100GWh hours of wind power from wind farms in Zaragoza, Spain to ZF sites in Germany in 2022 and 150GWh hours in 2023.
The integration of the green power quantities into the full supply takes place in the form of a baseload delivery, Statkraft said.
The supplied wind power corresponds to the power consumption of approximately 72,000 German households and reduces ZF’s CO2 emissions by 80,000 tonnes annually.
Statkraft head of origination in Germany Patrick Koch said: “We are very pleased to support ZF in achieving its sustainability goals with this cross-border renewable PPA.
“We see it as part of our task to accompany industrial companies in Germany with high-quality green power solutions on their way to climate neutrality.”
ZF senior vice president for sustainability & EHS Michael Karrer said: “With the supply agreement, we are underpinning our ambitions to sustainably drive the expansion of renewable energies.
“The focus on green power fits in with our corporate culture and our technology leadership as a globally active manufacturer of gearboxes for wind turbines.”