Vattenfall and Wieland have reached an agreement for a 46-MW solar power purchase agreement in Germany.

Swedish state-owned utility Vattenfall AB and the German copper products manufacturer Wieland Group announced the signing of a power purchase agreement (PPA) that will be in effect for a period of ten years and will help to eliminate carbon emissions from industrial production.

This contract is connected to Vattenfall`s 46-megawatt solar park in Nauen, Brandenburg, Germany, which is now in the process of being developed. By the time it is finished in 2025, it will be able to supply around 46 gigawatt hours of electricity annually for the processes of metalworking.

"In addition to our own renewable energy production through photovoltaic systems, Wieland has set itself the ambitious goal of using 100% renewable energy for its electrified production facilities in the future," said Erwin Mayr, CEO of the Wieland Group. "This is an ambitious goal that Wieland has set for itself."

With the help of the PPA, Wieland-Werke AG will be able to meet approximately ten percent of its energy requirements in Germany through the utilization of renewable energy.

"Our energy partnership with Wieland is an example of how entire value chains can be made fossil-free in practice," said Wieland. Christine zu Putlitz, who is in charge of marketing renewable energy at Vattenfall, made the following observation: "Because it decarbonizes precisely those metalworking processes that ultimately form the basis for products and services that are central to the energy transition, including our own."

In the statement, it is mentioned that following the political decision in Germany to not implement a subsidised industrial electricity pricing, there is an anticipated rise in the need for electricity partnerships between industrial businesses and producers in the years to come.