Witznitz Energy Park in east Germany is expected to be operational by the end of 2023
Shell has signed a power purchase agreement with Hansa Invest Real Assets to secure 600MW of capacity at a German solar project.
The agreement has a tenure of 15 years and is for output from the Witznitz Energy Park in east Germany.
Witznitz Energy Park is being constructed by MOVE ON Energy on the site of a former opencast coal mine near Leipzig and it is expected to start generating electricity by the end of 2023. We are continuing to strengthen our low-carbon power portfolio,” Tom Summers, European Vice President at Shell Energy Trading, said.
“Solar power purchase agreements enable us to combine our strengths in power trading and optimisation with our existing customer relationships to deliver more value with less emissions.”
Shell Energy Europe has separately agreed to sell the power generated by 323MW of the solar capacity to Microsoft Corporation, helping Microsoft to meet its commitment of having a 100% supply of renewable energy by 2025.