SUBSCRIBE
PROFILE

Statkraft and Vitesco join forces for renewable energies

Statkraft supplies Vitesco Technologies with a combination of solar and wind power, covering a significant proportion of the electricity needs of its German sites.

Share:

Collaboration Statkraft Vitesco

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Since January 2024, Vitesco Technologies, a German automotive manufacturer of transmission and powertrain technologies, has benefited from Statkraft‘s renewable energy supply, consisting of around 10,500 MWh of solar power and 17,300 MWh of wind power annually. This energy supply, planned for a three-year period, represents a total of around 83,000 MWh. The aim is to cover a significant proportion of the electricity needs of Vitesco’s German sites with this combination of solar and wind power.

Adapting to energy needs

Statkraft, which recently acquired Spain’s Enerfin, aims to tailor the terms and volume of power purchase agreements (PPAs) to the specific requirements of its industrial customers. This enables a flexible supply of renewable electricity to companies of all sizes. The partnership with Vitesco Technologies is part of this approach, aimed at precisely meeting the company’s needs for green electricity.

Renewable electricity sourcing by Vitesco Technologies

Since 2020, Vitesco Technologies has been sourcing all its electricity from renewable sources. This supply enables the company to meet its objective of generating zero Scope 2 emissions from its own electricity consumption. The collaboration with Statkraft contributes directly to this goal, while aligning with Vitesco’s broader sustainability ambitions.

Commitment to climate neutrality

Vitesco Technologies is pursuing the goal of achieving net climate neutrality for its clean operations by 2030, and net zero greenhouse gas emissions across its entire value chain by 2040. The agreement with Statkraft represents a key step towards these goals, not only ensuring a climate-neutral electricity supply but also promoting the expansion of renewable electricity.

Solar power for Vitesco Technologies will come from the Ihlenfeld solar park in Neuenkirchen, Mecklenburg, while wind power will be generated by the Ütze-Süd wind farm in Lower Saxony. These agreements contribute to the long-term financing of renewable energy production facilities, underlining the importance of PPAs in supporting and ensuring the economic viability of green energy projects.

  • Popular on energynews.pro
World Bank invests $430mn to support Tunisia’s energy interconnection
E.ON warns of uncertainty surrounding German grid revenue reform
ReNew to invest $9.33bn in India in large-scale energy portfolio
Caprock Midstream expands Texas gas network and appoints Steve Jones as CEO
Malaysia accelerates carbon taxation to safeguard industrial competitiveness
Sturdee Energy secures financing for Bela Bela solar project in South Africa
South African developer Sturdee Energy has secured funding to begin construction of the 91.2 MW Bela Bela solar plant in Limpopo Province, set to supply power to a major industrial site.
mPower launches first automated production line for solar modules dedicated to space
US-based mPower has opened a high-throughput factory for solar modules targeting space missions, with an initial capacity of 1 MW per year, set to double by mid-2026.
Turbo Energy tokenises hybrid projects via Stellar blockchain to target EaaS market
Turbo Energy launches a pilot project in Spain to tokenize hybrid solar installations financing, leveraging Stellar and Taurus blockchain technology to access a $145.18bn EaaS market by 2030.
Mizuho Lease launches acquisition of Japan Infrastructure Fund to strengthen solar assets
Mizuho Lease initiates a takeover bid for Japan Infrastructure Fund, targeting its delisting and a strengthened partnership with Marubeni in solar asset management.
New process improves high-temperature stability of perovskite solar cells
A joint research team in China has developed an innovative molecular strategy to enhance thermal stability and efficiency of perovskite solar cells, paving the way for large-scale production.
DMEGC Solar secures TÜV SÜD certification for its 655 W photovoltaic module
DMEGC Solar received TÜV SÜD certification for its Infinity G12RT-B66 photovoltaic module series, reaching a peak output of 655 W, with mass production scheduled for the first quarter of 2026.
TotalEnergies to supply 1.5 TWh of solar electricity to Google over 15 years in the United States
TotalEnergies has signed a 15-year renewable power agreement with Google to supply its data centres in Ohio through a solar plant connected to the PJM grid.
Statkraft launches 340 MWp of solar and hybrid projects in Brazil
Statkraft strengthens its presence in Brazil with three new solar and hybrid plants representing an investment of NOK2.3bn ($211mn), consolidating its strategy in a fast-growing energy market.
Delays in U.S. solar projects fall to 20% in Q3
The delay rate for large-scale photovoltaic projects in the United States fell to 20% in Q3 2025, down from 25% a year earlier, despite record growth in installed capacity in 2024.
Sedgeley secures $60mn to expand decentralised solar in Southern Africa
Evolution III fund of Inspired Evolution invests alongside FMO and Swedfund to accelerate regional growth of Sedgeley Solar Group, active in solar installations for commercial and industrial sectors.
Naked Energy expands solar thermal operations to Spain and Portugal
British company Naked Energy is accelerating its international expansion with a new office in Madrid to deploy its solar thermal technology in the industrially promising Iberian market.
Tata Power to produce 10 GW of wafers to dominate India’s solar upstream
Tata Power is preparing a 10 GW ingot and wafer facility to consolidate its domestic solar chain, secure supplies, and capture PLI incentives ahead of 2026 local content mandates.
Stubbo Solar reaches full commercial operation with 520 MW installed in New South Wales
ACEN Australia’s Stubbo Solar project becomes the first solar asset to operate under an LTESA contract, strengthening its role in New South Wales’ energy transformation.
General Oyster to invest ¥800mn to strengthen its solar portfolio
The Japanese oyster producer is investing in both resale and construction of photovoltaic plants, evenly splitting resources to consolidate its GO Store subsidiary's position in the domestic solar market.
Fortescue tests ten large-scale solar technologies with ARENA in the Pilbara
Fortescue launches a solar innovation hub in the Pilbara with AUD45mn ($28.9mn) in public funding to test technologies aimed at accelerating and optimising large-scale solar farm construction.
Philippines awards 10 GW of projects in fourth green energy auction
The Philippine Department of Energy validated over 10 GW of renewable projects, including floating solar and hybrid systems, in the fourth round of its national green auction programme.
BridgePeak grants $144mn loan for 112.5MW solar farm in North Carolina
Developer Headwater Energy secured $144mn in financing arranged by BridgePeak Energy Capital to build a 112.5MW solar plant, expanding its portfolio in the southeastern United States.
JA Solar to supply 1.2 GW of modules for two photovoltaic projects in Uzbekistan
JA Solar has signed an agreement with Larsen & Toubro to supply photovoltaic modules for the Samarkand 1 and 2 solar power plants, developed by ACWA Power with a total installed capacity of 1.2 GW.
HD Renewable Energy accelerates in Australia and Japan with 6.1GW of solar and battery projects
Taiwanese company HD Renewable Energy is expanding internationally with major solar and battery storage projects in Australia and Japan, targeting more than 6 gigawatts of installed capacity by 2028.
EDF, SPIC and SAPCO consortium secures financing for 1,400 MW solar projects in Saudi Arabia
Two photovoltaic plants with a combined capacity of 1,400 MW will be operational in 2027, strengthening EDF Group's international presence and Asian actors in Saudi Arabia's energy market.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.