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Germany’s Schwarz Group, proprietor of Lidl and Kaufland, mentioned at this time that the 2 retailers have signed an influence buy settlement (PPA) with RWE Provide and Buying and selling to obtain electrical energy from the Kaskasi offshore wind farm.
The contract, beginning in 2028, will present the 2 chains with roughly 250 million kWh of offshore wind energy per 12 months over a interval of 10 years.
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German power group RWE AG (ETR:RWE) just lately introduced the official begin of operations of its 342-MW Kaskasi offshore wind farm within the German North Sea.
Based on Schwarz Group, Lidl and Kaufland are the primary company clients to enter right into a PPA for the Kaskasi wind farm.
The deal helps Schwarz Group’s local weather technique, which requires a 55% discount in operational greenhouse fuel emissions by 2030 in comparison with 2019. The group has been utilizing 100% renewable electrical energy because the 2022 monetary 12 months and is now lining up one other inexperienced energy supply by way of the contract with RWE.
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