NKT and Uniper have signed a long-term Power Purchase Agreement (PPA) for electricity supplied from Uniper's newly developed photovoltaic (PV) facility in Wilhelmshaven, Germany. The renewable energy will support NKT's production sites in Cologne as well as in Nordenham, which is located close to the PV installation. The agreement forms part of NKT's continued strategic efforts to advance decarbonisation across its value chain and own operations.
The renewable electricity will support NKT's operations at the high-voltage cable factory in Cologne, as well as the cable accessories factory in Nordenham, which are located close to the PV installation". The agreement marks an important step for both companies as they reinforce their sustainability ambitions and increase the use of regionally sourced renewable energy. The Voslapper Groden solar park, located on the former ash field of the coal-fired power plant in Wilhelmshaven, has an installed capacity of 17.2 megawatt peak (MWp).
It is expected to generate approximately 17,872 MWh of renewable electricity annually. Under the terms of the physical PPA, NKT will purchase 100% of the hourly, as-produced renewable electricity, as well as 100% of all available Guarantees of Origin (GoOs) from the facility. The agreed target Commercial Operation Date (COD) is 31 January 2027, although commissioning may begin earlier if the site becomes operational ahead of schedule.
