Solvay has signed a 10-year Utility Power Purchasing Agreement (PPA) with hydropower company Statkraft to purchase electricity produced by the 86.6 MW Pajuperankangas wind farm in Finland.
The agreement will enable Solvay's hydrogen peroxide production site in Voikkaa to operate on 100% wind-generated electricity, helping to decarbonize hydrogen peroxide production and contributing to the achievement of Solvay’s sustainability targets.
In April of 2022, Statkraft signed a 10-year power purchase agreement with ABO Wind, the developer of the project. The project is currently under construction and will be equipped with a total of 14 turbines scheduled to be connected to the grid in autumn 2023.
Once operational, the project is expected of producing enough electricity to supply 14,000 electricity-heated Finnish households.
