Wind Energy – Mercedes-Benz
Mercedes-Benz has signed a power purchase agreement (PPA) with Spain’s Iberdrola for 140 megawatts (MW) of wind energy from a Baltic Sea wind park.
Production chief Joerg Burzer told Reuters that Mercedes was focusing on securing wind capacity in northern Germany and installing solar capacity in the south of the country, which gets more sunshine but is less windy.
The Iberdrola deal, in which Mercedes will invest a three-digit million euro figure, means the carmaker has solar, onshore and offshore wind PPAs for capacity equivalent to half of its electricity demand in Germany by 2025.
The contract is one of the largest ever signed with a car company, Iberdrola said in a statement, but also did not disclose its value.
Iberdrola said the Baltic Sea Windanker project will have 315 megawatts of capacity and will fully operate in 2027. The Spanish power utility already operates the 350-MW Wikinger wind farm also in the Baltic Sea and is building the 476-MW Baltic Eagle in the same area.
