ASML expands existing PPA with RWE to include more offshore wind power
Type: Ppa · Technology: Offshore Wind · Country: Belgium · Capacity: 130 MW · Announced: 2026-04-02
ASML has expanded its existing Power Purchase Agreement (PPA) with RWE, which was initially signed in 2021. The expanded agreement will cover around 130 MW of installed renewable capacity and extends until 2038, incorporating power from additional offshore wind farms. Specifically, ASML will now offtake more power from the 219 MW Northwester 2 offshore wind farm, located 51 kilometers from shore in the Belgian North Sea. This project has been operational since 2020 and is owned by Parkwind, who signed a long-term PPA with RWE in 2019. RWE Supply & Trading procures the full electricity production from Northwester 2 and sells it to its industrial and municipal customers. This deal reinforces ASML's commitment to sourcing green electricity for its Dutch facilities.
Analysis
ASML has expanded its existing Power Purchase Agreement (PPA) with RWE to include around 130 MW of installed renewable capacity from additional offshore wind farms, including the 219 MW Northwester 2 offshore wind farm located 51 kilometers from shore in the Belgian North Sea. ASML is a technology company that provides lithography systems to the semiconductor industry, with its systems used by chipmakers to mass produce patterns on silicon. RWE is a leading renewable energy company investing billions of euros worldwide in the energy transition, focused on expanding offshore and onshore wind, solar energy, and battery storage. The expanded agreement extends until 2038, with RWE Supply & Trading procuring the full electricity production from Northwester 2 and selling it to its industrial and municipal customers. The Northwester 2 offshore wind farm has been operational since 2020 and is owned by Parkwind, who signed a long-term PPA with RWE in 2019.
Key points
- 130 MW of installed renewable capacity
- 219 MW Northwester 2 offshore wind farm
- 51 kilometers from shore in the Belgian North Sea
- Expanded agreement extends until 2038
- Announced on 2026-04-02