Solvay has signed a 10-year Utility Power Purchasing Agreement with hydropower company Statkraft to purchase electricity produced by the Pajuperankangas wind farm. The agreement will enable the Group’s Voikkaa site in Finland to operate on 100% wind-generated electricity, helping to decarbonize the production of hydrogen peroxide at the site and contributing to the achievement of Solvay’s sustainability targets.Under the terms of the ten-year Utility PPA signed by Solvay, Statkraft will deliver electricity from the Pajuperankangas wind farm in Finland. Statkraft recently signed a 10-year power purchase agreement with ABO Wind, the developer of the project. The wind farm, which is currently under construction, will consist of 14 turbines, which are scheduled to be connected to the grid in autumn 2023. They will have a combined installed capacity of 86.8 megawatts and will be capable of producing enough electricity to supply 14,000 electricity-heated Finnish households.Solvay Chemicals Finland Oy has been producing hydrogen peroxide for use in bleaching applications since 1972 and is a strategically important site for Solvay. The new PPA is a significant step in the decarbonisation of the plant, designed to ensure that it remains at the forefront of market developments and to secure Solvay’s position as a strong and reliable choice for hydrogen peroxide customers.
Solvay has signed a 10-year Utility Power Purchasing Agreement with hydropower company Statkraft to purchase electricity produced by the Pajuperankangas wind farm. The agreement will enable the Group’s Voikkaa site in Finland to operate on 100% wind-generated electricity, helping to decarbonize the production of hydrogen peroxide at the site and contributing to the achievement of Solvay’s sustainability targets.Under the terms of the ten-year Utility PPA signed by Solvay, Statkraft will deliver electricity from the Pajuperankangas wind farm in Finland. Statkraft recently signed a 10-year power purchase agreement with ABO Wind, the developer of the project. The wind farm, which is currently under construction, will consist of 14 turbines, which are scheduled to be connected to the grid in autumn 2023. They will have a combined installed capacity of 86.8 megawatts and will be capable of producing enough electricity to supply 14,000 electricity-heated Finnish households.Solvay Chemicals Finland Oy has been producing hydrogen peroxide for use in bleaching applications since 1972 and is a strategically important site for Solvay. The new PPA is a significant step in the decarbonisation of the plant, designed to ensure that it remains at the forefront of market developments and to secure Solvay’s position as a strong and reliable choice for hydrogen peroxide customers.
