Deals Counterparts

Eurowind Energy signs 10-year PPA with Rockwool

Ppa Onshore WindSolar signed Poland
Mirosławiec wind farm and Marulewy solar plant
Project

Eurowind Energy has signed a 10-year hybrid corporate power purchase agreement with Rockwool to supply renewable electricity from the Mirosławiec wind farm and the Marulewy solar plant in Poland. The deal will deliver about 70GWh of renewable electricity a year to support Rockwool’s long-term decarbonisation ambitions. The cPPA will come into effect in mid-2028 and run for ten years. This partnership is a significant step towards Rockwool's climate ambitions and will help expand renewable capacity in Poland.

Deal Analysis

Eurowind Energy's 10-year hybrid corporate power purchase agreement (cPPA) with Rockwool represents a significant commitment to renewable energy adoption in Poland. The agreement, set to commence in mid-2028, will supply approximately 70 GWh of renewable electricity annually from the Mirosławiec wind farm and the Marulewy solar plant. This deal directly supports Rockwool's decarbonization goals and contributes to the expansion of renewable energy capacity within the Polish market. The hybrid nature of the PPA, combining wind and solar generation, provides a more stable and diversified renewable energy supply for Rockwool. This cPPA is notable for its long-term duration and the involvement of a major player like Rockwool, signaling a growing trend of corporations actively pursuing renewable energy solutions to meet sustainability targets. The deal underscores the increasing attractiveness of Poland as a destination for renewable energy investment and development. Furthermore, the hybrid structure of the PPA demonstrates a sophisticated approach to managing intermittency challenges associated with renewable energy sources. This deal is a positive signal for the continued growth of the renewable energy sector in Poland and the broader European market.
  • 10-year hybrid cPPA between Eurowind Energy and Rockwool.
  • Supplies 70 GWh of renewable electricity annually from wind and solar.
  • Supports Rockwool's decarbonization ambitions.
  • Expands renewable energy capacity in Poland.
Market Context: The deal occurs within the context of increasing demand for renewable energy in Europe, particularly in Poland, driven by corporate sustainability goals and government policies aimed at reducing carbon emissions. Corporate PPAs are becoming an increasingly popular mechanism for companies to secure long-term renewable energy supply and hedge against volatile energy prices.

Market Context

This deal is part of the Onshore Wind, Solar sector in Poland.
521
Onshore Wind deals
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deals in Poland
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