Covestro signs long-term power purchase agreement with RWE Supply & Trading
Type: Ppa · Technology: Offshore Wind, Other · Country: Belgium · Announced: 2024-02-20
Covestro AG signed a five-year PPA with RWE Supply & Trading for supply of power and guarantees of origin from North Sea offshore wind to supply Covestro's Antwerp production site, increasing the site's renewable share from 45% to 60% between 2026 and 2030 and avoiding 103,000 tonnes of CO2.
Counterparties
- Covestro AG (Offtaker)
- RWE Supply & Trading GmbH (Supplier)
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