Iberdrola and Holcim have signed a clean energy power purchase agreement (PPA) in Germany. Iberdrola will provide Holcim with 250 gigawatt-hours (GWh) of renewable energy per year from its Baltic Eagle offshore windfarm.
The Baltic Eagle offshore windfarm is currently under construction in the Baltic Sea, north of the island of Rügen, and will have a total capacity of 476 megawatts (MW) when completed in 2024. As part of a wider agreement, the two companies have established a working group to analyse the potential of delivering a broad range of further sustainability-linked projects in Europe and potentially other continents. The proposals being developed include potential additional PPAs to decarbonise operations, as well as analysing suitable locations to develop on-site renewables facilities at operational plants owned by Holcim, from solar PV to green hydrogen.
