Statkraft sells PPA on aged wind farms to Mercedes-Benz

The Norwegian utility enters its first power purchase agreement to sell power from existing wind farms, owned by other companies, to German electric car production.

Selling subsidy-free wind energy is no big deal, says Statkraft, which just signed its first PPA on older German wind farms – including the installation Kunst und Wind. | Photo: Statkraft

by MAZ PLECHINGER

Statkraft is mainly recognized for selling hydroelectric power, although domestic wind energy is becoming a larger contributor to the business. But aside from that, the Norwegian utility also runs a lesser-known side operation as middleman on the German electricity market.

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