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Bosch & Vattenfall Sign 12 Year Contract for Solar Power

Power News - Published on Mon, 10 Aug 2020

Image Source: Vattenfall Bosch Solar Power
Vattenfall and Bosch have signed a corporate power purchase agreement, PRA. for solar power in northern Germany. Vattenfall will supply Bosch with renewable electricity for twelve years from a 10 Megawatt solar park that Vattenfall is currently planning to build in the region of Mecklenburg-Western Pomerania in northeastern Germany. The supply contract includes that Vattenfall will manage the balance energy risk, deliver a high forecast quality and ensure the availability of the solar park.

The commissioning of the park is scheduled for beginning of next year and the delivery of electricity to Bosch is planned to start in the first quarter of 2021. The park will be built without government funding.

Bosch, the leading global supplier of technology and services, has the ambition to become climate neutral at the end of 2020, and until 2030, to gradually improve the quality of its CO2 neutral position by further investing in the supply of renewable energies and in energy efficiency measures. This long-term contract with Vattenf^J will contribute to Bosch's strategy.

In February 2020, Vattenfall signed a similar agreement to supply Deutsche Telecom with solar power.

Source :

Posted By : Yogender Pancholi on Mon, 10 Aug 2020
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