When the world's largest onshore wind complex, Fosen Wind, reaches completion within the next few months, Norwegian aluminum producer Norsk Hydro has already agreed to buy roughly a third of the 3.4 TWh in projected annual generation.
Finnish chemical group Kemira has now also signed a ten-year power purchase agreement for 44 GWh per annum with Statkraft, implying that more electricity will be transmitted from Fosen.
The PPA also features guaranteed origination. This is the first time Statkraft enters such a package deal in the Nordic region.
"We see this as merely the beginning of such combined products in the Nordic region, where industry is increasingly demanding documentation of power usage being covered by renewable energy via origination guarantees. This agreement confirms Statkraft's ability to deliver innovative solutions, customized to customers' needs," writes Executive Vice President of Market Operations and IT Hallvard Granheim in a statement.
Beyond Fosen, Statkraft can channel wind power from three Norwegian facilities with capacities totaling 244 MW as well as from four Swedish wind farms with a combined effect of 512 MW.
"The long-term renewable energy agreement is the first step in our plan to achieve our goal of reducing greenhouse gas emissions in 2030," writes Kemira Chief Financial Officer Petri Castrén in the media release.
English Edit: Daniel Frank Christensen
UK welcomes onshore wind back into the fold
Irish-UK asset manager eyes Nordic wind investments
Norwegian partnership forges solar and wind investment plan
Statkraft moves forward with 500 MW offshore wind farm