Evonik and EnBW sign another long-term purchase agreement for power supply from the "He Dreiht"? offshore wind farm

Germany, Feb. 2 -- Even more wind energy from the North Sea: Evonik has extended its cooperation with EnBW and signed a second power purchase agreement from the planned "He Dreiht"? offshore wind farm. A first power purchase agreement (PPA) was already concluded to purchase 100 megawatts (MW) last year. The second agreement now adds a further 50 MW. As a result, the specialty chemicals company should be able to cover more than a third of its power requirements in Europe from 2026 onwards. The term of the second tranche is also 15 years. The "He Dreiht"? wind farm will be built about 90 kilometers northwest of Borkum and around 110 kilometers west of Helgoland and is scheduled to enter operation at the end of 2025. In 2017, EnBW secured the contract in the first offshore tendering process in Germany with a zero-cent bid, ushering in a new trend on the offshore market. The offshore wind farm being built without state funding is currently one of Europe's biggest energy transition projects. Turbines with an output of 15 megawatts are set to be used for the first time here. EnBW is planning to make the final investment decision in the first quarter of 2023. Published by HT Digital Content Services with permission from Pivotal Sources. For any query with respect to this article or any other content requirement, please contact Editor at contentservices@htlive.com