Hydropower will supply 40 percent of Norwegian Silicon Metal plant’s electricity
Hydropower and renewable energy firm Statkraft will supply nearly half of the electricity need at Wacker’s silicon metal production site at Holla, Norway.
Statkraft’s agreement with chemical firm Wacker covers supply of 2.35 TWh to the Holla site between January 2022 and December 2027.
Approximately 525 GWh of the power supplied by Statkraft will be from the Svean hydropower plant under the PPA.
Wacker produces silicon metal, in an energy intensive process comparable to steel production, at the Holla site. Silicon is needed to produce silicones and hyperpure polysilicon.
“Switching to green power in our production is an important lever for achieving our sustainability goals,” Wacker CEO Christian Hartel said. “The Holla site is the first step. In the short to medium term, we intend to steadily expand our green power portfolio with further purchases in Norway and Europe.”
Norway is the fourth larger silicon producting nation, after China, Russia and Brazil. The produced metals are used in fabrication of semiconductors and solar energy cells.
Statkraft owns and operates about 237 hydropower plants in Norway.