Statkraft and RWE sign PPA in France

Wind Industry Profile of

RWE, one of the world’s leading renewable companies, has signed a three-year power purchase agreement (PPA) with Europe’s leading renewable power generator, Statkraft, to provide a suite of power market access services for its first wind farm in central France.

Across the whole contract life Statkraft will conduct power sales and provide capacity guarantee management services. In periods with negative prices, Statkraft’s remote plant control technology will come into play to automatically stop feeding power to the grid. The Les Pierrots wind farm is RWE’s first move into the French market. Located in the Centre-Val de Loire region, this 26.4-megawatt (MW) wind project powers the equivalent of more than 15,000 homes. The wind farm is injecting electricity... ... More: Official Press Release Statkraft

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Statkraft, RWE, France, wind farm, onshore, capacity, turbine, PPA, market, renewable energy, provider, producer, developer