Statkraft and BOREAS have signed two power purchase agreements with a contract duration of three years.
Statkraft will purchase power and capacity certificates from the wind projects of Waldwisse and Launstroff, with an installed capacity of 10 MW each.
The wind farms will be commissioned in December 2018 and January 2019. They are located in the Moselle department. In addition of the development and construction BOREAS will also operate these wind farms. Statkraft will integrate these installations in its balancing group and will control them remotely to ensure the automatic downregulation of production during negative price events.
Since the start of the new “complément de rémunération” support scheme for renewable energy producers, Statkraft has been offering developers and investors a complete solution: a purchase agreement underpinned by a strong financial rating along with a solid process management for plant connection, the certification of capacity guarantees and REMIT reporting. Statkraft is also working alongside with developers, investors and industry associations’ working groups on corporate power purchase agreements (PPAs), to develop new types of market access solutions in France.
Country updates
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