Statkraft provides ALPLA with solar and wind power through a 10-year PPA

Statkraft and ALPLA join forces to support sustainable packaging production through renewable energy purchase agreements. These partnerships will enable ALPLA to convert 100,000 tons of plastic into packaging solutions, thereby reducing its carbon footprint.

Share:

Statkraft, Europe’s largest producer of renewable energy, and ALPLA, an international packaging manufacturer, have entered into two long-term Power Purchase Agreements (PPAs) for wind and solar energy, with an annual capacity of 76 GWh, and a term of 10 years. The green electricity will be produced at six solar farms and one wind farm from Statkraft’s renewable energy portfolio. The combination of solar and wind power allows for a stable injection profile throughout the year, which guarantees a high coverage of the electricity demand in real time. The solar parks in Bavaria have a total installed capacity of about 40 MW, while the wind farm in Schleswig-Holstein has an installed capacity of 16.8 MW.

760 GWh of green electricity between 2024 and 2033

With 760 GWh of green electricity supplied between 2024 and 2033, ALPLA will be able to sustainably convert approximately 100,000 tons of plastic into packaging solutions. In addition to meeting its sustainability goals by reducing greenhouse gas emissions, the PPAs provide ALPLA with planning security through long-term protection against price fluctuations in the electricity market. Through these agreements, Statkraft strengthens its position as a leading supplier of PPAs and expands its customer business, especially in the packaging sector.

By 2022, ALPLA is committed to significantly reducing its carbon footprint and energy consumption to be in line with the global goal of limiting global warming to 1.5°C. The purchase of renewable energy is a decisive step towards the sustainable reduction of the company’s carbon footprint. These power supply agreements will save approximately 32,000 tons of CO2, the equivalent of 21,000 direct flights between Frankfurt and San Francisco.

TotalEnergies is selling half of a 604 MW Portuguese energy portfolio to the Japanese consortium MM Capital, Daiwa Energy and Mizuho Leasing for €178.5mn, retaining operation and future commercialisation of the assets concerned.
Q ENERGY France secures a bank financing of €109 million arranged by BPCE Energeco to build four new energy production facilities, totalling 55 MW of wind and solar capacity by the end of 2024.
Shell announces amendment of two annual reports after notification by Ernst & Young of non-compliance with SEC auditor partner rotation rules; however, financial statements remain unchanged.
The Financial Superintendency of Colombia approves an amendment to Ecopetrol’s local bonds and commercial paper program, enabling issuance of sustainable, indexed, or in-kind repayable instruments.
ABO Energy is selling its subsidiary ABO Energy Hellas and an energy project portfolio of approximately 1.5 gigawatts to HELLENiQ ENERGY Holdings, thus refocusing its strategic resources towards other markets, notably Germany, without major financial impact anticipated for 2025.
BHP has signed contracts with COSCO Shipping to charter two ammonia-powered Newcastlemax bulk carriers, primarily for transporting iron ore between Western Australia and Northeast Asia starting from 2028.
CBAK Energy and Anker Innovations jointly launch a battery cell manufacturing facility in Malaysia, with a commercial potential estimated at $357 million, further strengthening their strategic partnership in the lithium-ion battery sector.
German energy group Badenova plans to invest $4.64 billion in its energy networks and capacity by 2050, including $232 million committed from 2025, according to the company's recently published annual financial results.
ORIX announces the sale of the majority of its stake in Greenko to AM Green Power and commits a new USD 731mn investment in the Luxembourg-based AMG holding, confirming its strategic repositioning in next-generation energy.
Invenergy seals four further contracts with Meta to supply nearly eight hundred megawatts of solar and wind power to the group’s data centres, lifting total cooperation between the two companies to one point eight gigawatts.
Pedro Azagra leaves his role as CEO of Avangrid to become CEO of Iberdrola, while Jose Antonio Miranda and Kimberly Harriman succeed him as CEO and Deputy CEO respectively of the American subsidiary.
The US investment fund Ares Management enters Plenitude's capital by acquiring a 20% stake from Eni, valuing the Italian company at 10 billion euros and reinforcing its integrated energy strategy.
ENGIE secures a contract to reduce Airbus' industrial emissions in France, Germany, and Spain, targeting an 85% decrease by 2030 through various local energy infrastructures.
Alain Rhéaume, Chairman of Boralex’s Board of Directors for eight years, will leave his position by December, following the appointment of his successor by the governance committee of the Canadian energy group.
Norwegian group Statkraft plans an annual cost reduction of NOK2.9bn ($292 million) by 2027, citing possible job cuts amid rising financial burdens and volatility in the European energy market.
EDF merges EDF Renouvelables and its International Division into EDF power solutions, led by Béatrice Buffon, to optimise its global 31 GW low-carbon energy portfolio and strengthen its international positioning.
TotalEnergies announces a strategic partnership with Mistral AI to establish a dedicated innovation laboratory integrating artificial intelligence tools aimed at enhancing industrial efficiency, research, and customer relations.
The Energy Transitions Commission warns of economic risks tied to growing protectionism around clean technologies, while calling for global consensus on carbon pricing.
Baker Hughes has reached an agreement to sell its precision sensor product line to Crane Company for $1.15bn, thereby refocusing its operations on core competencies in industrial and energy technologies.
American conglomerate American Electric Power sold 19.9% of two transmission subsidiaries to KKR and PSP Investments, raising $2.82bn to support its five-year $54bn investment plan.