Energy supplier Vattenfall and specialty chemicals company Evonik have concluded new long-term electricity supply contracts. As of 2025, two Vattenfall solar parks in Schleswig-Holstein will supply Evonik with around 120 gigawatt hours of solar power per year for chemical production. The contracts have a term of 10 years and fixed conditions.
“Germany is the fastest growing market for renewable energies in Europe,” emphasizes Martijn Hagens, responsible member of the Executive Board and head of Business Area Markets at Vattenfall. “We see a wide range of growth opportunities here for the development and marketing of our solar, onshore and offshore projects. As the project with Evonik exemplifies, electricity partnerships with industry play a decisive role here.”