Statkraft seals 30-GWh/yr wind PPA with cement maker Opterra

Norwegian renewable energy generator Statkraft AS has signed a power purchase agreement (PPA) to supply some 30 GWh of onshore wind power annually to three factories run by Leipzig-based cement manufacturer Opterra in Germany.

Between 2022 and 2025, four wind farms in Germany will supply green electricity to Opterra's production sites in the states of Saxony-Anhalt, Baden-Wuerttemberg and North Rhine-Westphalia. The contracted output will be enough to cover the average annual power consumption of some 7,500 four-person households, Statkraft said on Thursday.

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The PPA with Opterra will ensure the wind farms stay online since they no longer benefit from the fixed remuneration under the EEG scheme, Statkraft added.

Opterra, part of Dublin-based building materials maker CRH Plc (LON:CRH), manufactures cement and concrete at five production sites across Germany and the deal with Statkraft supports its efforts to cut carbon emissions.

"With the electricity that we will purchase through Statkraft from 2022, we continue the move towards converting our plant operations to sustainable energies. The agreement gives the sustainability initiative launched this year the necessary tailwind for the implementation of further measures," said Opterra's chief executive Danilo Buscaglia.