Norway, March 20 -- Statkraft, Europe's largest producer of renewable energy, has concluded a Power Purchase Agreement (PPA) with Vitesco Technologies, a leading international developer and manufacturer of modern drive technologies for sustainable mobility, for the supply of a total of around 83,000 MWh of renewable electricity from solar and onshore wind power plants.
Since January 2024, Statkraft has been supplying Vitesco Technologies with around 10,500 MWh of solar power and around 17,300 MWh of wind power annually for a period of three years: a total of around 83,000 MWh. With this combination of complementary solar and wind generation profiles, Vitesco Technologies can cover a significant proportion of the electricity requirements of...