Help Desk -
9958816305, 9810335381

Daimler Inks Deal for 100% Green Power in Germany

Power News - Published on Thu, 13 Feb 2020

Image Source: Daimler Statkraft
Multi-national auto giant Daimler has revealed plans to source 100 per cent of its electricity demand in its home country of Germany from “firmed” and “flexible” renewables, in deal put together by Norwegian power company Statkraft. The contract includes wind farms that are already in operation, as well as some that will be built new and used exclusively to power Daimler. Any gaps in demand will be filled by Statkraft’s own hydropower plants.

New deal, which builds on a December 2018 energy supply deal between the companies, would also support existing wind power projects in Germany which, from January 01, 2021, will lose their government subsidy for electricity generation.

Statkraft said the contract, which will be managed by an offshoot of Luxembourg energy company Encevo Group, called Enovos, marked the first instance of a long-term 100% green power supply deal on an industrial scale in Germany.

Source :

Posted By : Arun Huidrom on Thu, 13 Feb 2020
Related News from Power segment