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
Russia begins withdrawal from NIS to circumvent US sanctions
Sofia activates emergency plan as US sanctions on Lukoil approach
Cadeler secures two offshore contracts worth €500mn in wind energy
Naked Energy expands solar thermal operations to Spain and Portugal
Putin and Tokayev strengthen regional energy partnership with Uzbekistan
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.
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.
Matrix Renewables inaugurates 284 MW solar power plant in Texas
Matrix Renewables and SOLV Energy have completed construction of the Stillhouse Solar plant, a 284 MW project in Bell County, representing over $370mn in private investment and 320 jobs created.
India’s solar capacity surpasses 125 GW, raising risk of overproduction
With solar module manufacturing capacity tripling domestic demand, India holds 29 GW in inventory, while exports to the United States fall by 52%.
Boviet Solar invests in 3 GW photovoltaic cell plant in North Carolina
Boviet Solar strengthens its industrial presence in the United States with a major investment in a new 3 GW photovoltaic cell plant in Greenville, consolidating its North American expansion strategy.
BrightNight and Cordelio Power Reach Financial Close for 300 MW Pioneer Hybrid Project in Arizona
BrightNight and Cordelio Power have announced the financial close for the Pioneer Clean Energy Center, a hybrid project combining 300 MW of solar and 1,200 MWh of energy storage in Arizona, aimed at supporting the state's growing energy demand.
The next-generation solar cells market will reach USD 19.62 billion by 2032
Driven by innovations in perovskite and quantum dots, the next-generation solar cells market, valued at USD 4.21 billion in 2024, is expected to grow rapidly at a rate of 21.21%, reaching USD 19.62 billion by 2032.
GreenYellow and Sasol Italy launch the construction of a 5.1 MWp solar plant in Lombardy
GreenYellow and Sasol Italy announce the start of construction of a 5.1 MWp photovoltaic solar plant in Terranova Dei Passerini. This project aims to strengthen Sasol’s energy independence in Italy while contributing to the industrial energy transition.
Seven-Eleven to procure 22.3 GWh per year from 21 MW solar and 140 kW hydro via Chugoku EPCO-sleeved PPA
Seven-Eleven Japan signs a power purchase agreement (PPA) with Chugoku Electric Power to acquire 22.3 GWh annually from solar and hydro projects, marking a new chapter for the retailer in renewable energy procurement.
OneD Battery Sciences and Putailai Sign Agreement to Produce Silicon Anodes
OneD Battery Sciences and Shanghai Putailai New Energy Technology announce a development agreement to design and scale production of silicon-carbon anodes for lithium-ion batteries.
China cancels VAT rebate and reshapes the global solar market
China's decision to cancel the 13% VAT rebate on photovoltaic module exports triggers a sharp price adjustment and reshapes a market under pressure for the past two years.

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.