Solvay signed a 10-year Utility Power Purchasing Agreement (PPA) with Statkraft for its Voikkaa site in Finland, which produces hydrogen peroxide.
The PPA will ensure that the plant will run on 100% wind-generated electricity and thus, contribute to the achievement of Solvay’s sustainability targets.
Under the PPA, Statkraft will deliver electricity from the Pajuperankangas wind farm. It has recently signed a 10-year PPA with project developer ABO Wind. The wind farm is scheduled to be connected to the grid in fall 2021. It will consist of 14 turbines and a combined installed capacity of 86.8 MW, enough to power 14,000 electricity-heated homes in Finland.
“In line with the Group’s sustainability roadmap, Solvay One Planet, Solvay Peroxides has the ambition to reach carbon neutrality globally by 2040,” said Solvay Peroxides EMEA Business Director Marco Giannuzzi. “Through this PPA, we are pleased to be taking a significant step forward in reducing the environmental impact of our Finnish site, responding to the needs of the planet and our customers.”
Solvay started the Voikka H2O2 plant 50 years ago in cooperation with Finnish paper and pulp manufacturers. The facility produces about 85 kilotons of hydrogen peroxide annually, according to the company.