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Statkraft supplies wind power for ZF sites
Transactions - MAY 6, 2022

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Statkraft supplies wind power for ZF sites

by Denise Moose

Statkraft, Europe's largest producer of renewable energy, has agreed to supply ZF with a total of 250 gigawatt hours of wind power for its plants and office locations in Germany. The wind-power purchase agreement (PPA) supports the automotive supplier as it switches all locations to 100 percent green power by 2030.

As part of a full-supply contract for the years 2022 and 2023, ZF and Statkraft have agreed on a green PPA supply concept. Based on a cross-border PPA, Statkraft will deliver 100 gigawatt hours of wind power from wind farms in Zaragoza, Spain, to ZF sites in Germany in 2022 and 150 gigawatt hours in 2023. The integration of the green-power quantities into the full supply takes place in the form of a baseload delivery.

The supplied wind power corresponds to the power consumption of about 72,000 German households and reduces ZF's carbon-dioxide emissions by 80,000 tons annually.

“We are very pleased to support ZF in achieving its sustainability goals

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