The agreement is concluded for 10 years with the support of Pexapark consultants
German steelmaker Salzgitter Flachstahl, a subsidiary of Salzgitter AG, has signed a 10-year power purchase agreement (PPA) with the UK’s Octopus Energy Generation. This is stated in the message of Salzgitter.
The agreement was concluded with the support of Pexapark consultants. The metallurgical company will receive 126 GWh of clean energy per year generated at the Octopus solar power plant in Schibsdorf (Bradenburg). The electricity generated by the project will directly support the Salzgitter Group’s future production of clean steel as part of its innovative SALCOS program.
«As we work to achieve our strategic goal of reducing emissions, this PPA adds another important source of clean electricity to power our operations, create clean hydrogen and ultimately produce greener steel for our customers. Octopus, which has extensive experience in…
