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Power &. Air Solutions. a subsidiary of Deutsche Telekom. has signed a power purchase agreement (PPA) with Swedish energy giant Vattenfall for solar energy.
The renewable electricity will come from a solar farm being built in Mecklenburg-Western Pomerania in Germany. which will have an installed capacity of 60MW.
The solar project is expected to start generating electricity in mid-2021 and will provide power under the PPA for a term of 10 years.
Christine Lauber. Director Sales &. Origination at Vattenfall said: We are very pleased that with this agreement we are further accelerating the growing market for long-term electricity supply contracts for industrial customers in Germany.
Vattenfall’s goal is to enable fossil-free living within one generation. That also means supporting our customers in achieving their sustainability goals.
