Statkraft has signed a power purchase agreement with Wacker to provide the chemicals producer with clean electricity for its Holla factory in Norway.
Under the power purchase agreement Statkraft will supply a total of 2.35 terawatt hours of certified Norwegian hydropower to Wacker’s Holla site between January 2022 and December 2027.
Around 525 gigawatt hours of this will come from the Svean hydropower plant.
Wacker will be able to meet around 40% of the Holla silicon metal facility’s electricity needs following the agreement with Statkraft. silicon metal production site at Holla in Norway will be met by green electricity from hydropower in the future.
Silicon metal is one of Wacker’s most important raw materials for producing silicones and hyper-pure polysilicon.
“Switching to green power in our production is an important lever for achieving our sustainability goals. The Holla site is the first step.
“In the short to medium term, we intend to steadily expand our green power portfolio with further purchases in Norway and Europe,” said Wacker chief executive Christian Hartel.