Renewable Energy PPA: EnBW achieves a milestone for its He Dreiht offshore wind farm in Germany, contracting ~45% of its capacity with corporate PPA

published on 06 November 2023
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EnBW achieves a milestone for its He Dreiht offshore wind farm in Germany, contracting ~45% of its capacity with corporate PPA

EnBW has signed another 15-year PPA, now with telecom company Deutsche Telekom AG, for 100 MW of renewable power from the 960 MW He Dreiht offshore wind farm. Here are some of the key observations for Enerdatics: 

🏆 Contracted capacity by the project crosses 45%: The agreement follows ~335 MW of PPAs previously signed with a diversified set of off-takers, including Bosch, Salzgitter Group and Evonik, to progress Germany's first subsidy-free offshore wind project.

💰 First with a technology firm: While most of the PPAs by the project were with off-takers from the industrial sector, the current PPA is the project’s first with a technology firm.

🇩🇪 Germany's green trajectory: This agreement solidifies Germany's position in European PPA market, as the nation leads this year corporate off-take activities with  2 GW of contracts.

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The above analysis is proprietary to Enerdatics’ energy analytics team, based on the current understanding of the available data. The information is subject to change and should not be taken to constitute professional advice or a recommendation.

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