RWE Supply & Trading and Salzgitter Group have signed a power purchase agreement (PPA) of up to 64 GWh/year from a 180 MW solar farm in Brandenburg, Germany.
The seven-year agreement will go into effect in 2027. The park is jointly owned by the GP JOULE Group, Mainova AG, and Solarenergie Boitzenburger Land GmbH; the latter is in charge of marketing the electricity. The park has been operational since autumn 2023. Due to direct marketing via PPAs, the solar park does not require a feed-in tariff under the Renewable Energy Sources Act.
Marco Hauer, Head of Energy Procurement at Salzgitter Flachstahl GmbH, said: "Large quantities of greenhouse gases are currently still being released during conventional steel production. That is why we are driving forward the switch to a virtually CO2-free steel production process on a large scale. We are getting serious about green energy sources. By 2025, half of our electricity requirements will come from non-fossil sources, and by 2030 we want to be using 100% green electricity."
