Statkraft and Alpla, an international packaging manufacturer, have signed two long-term power purchase agreements (PPAs) for wind and solar with an annual volume of 76 GWh and a term of 10 years.

For this agreements, the green electricity is generated in six solar parks and one wind farm from Statkraft's renewable energy portfolio. The solar parks in Bavaria have a total installed capacity of around 40 MW. The wind farm in Schleswig-Holstein has an installed capacity of 16.8 MW. With the 760 GWh of green electricity supplied between 2024 and 2033, Alpla will be able to sustainably convert around 100,000 tonnes of plastic into packaging solutions.

"The combination of selected plants and generation technologies from our portfolio allows us to offer tailor-made PPA solutions also for the energy-intensive packaging sector," says Patrick Koch, Head of Origination in Germany. 'Against the backdrop of volatile electricity prices, we are delighted to be able to offer Alpla long-term planning options with this PPA. In this way, Alpla and Statkraft are demonstrating how PPAs can succeed in the packaging sector."

In addition to achieving sustainability goals by reducing greenhouse gas emissions, the PPAs will provide Alpla with planning security through long-term protection against fluctuating electricity market prices. Through the agreements, Statkraft strengthens its position as a leading PPA provider and expands its customer business, especially in the packaging segment.

"With the conclusion of the Statkraft PPAs, we are expanding our renewable energy portfolio, which will enable us to cover more than 70% of the energy consumption of our sites in Germany with renewable energies from 2024 onwards and will also contribute to the expansion of renewable energy capacity in Germany", says Georg Pescher, Managing Director of Alpla Germany. "This approach is perfectly in line with our philosophy of being a reliable and trustworthy partner for sustainable packaging."