Renewable Energy PPA: Vattenfall and Evonik's Solar Power Partnership

published on 19 February 2024


In an era where sustainability is not just a choice but a necessity, the recent partnership between Vattenfall and Evonik marks a significant stride towards a greener future. This collaboration is set to revolutionize the chemical industry by integrating renewable energy into its core operations. Let's delve into how this alliance is poised to set a new standard for environmental stewardship and innovation in the sector.

Pioneering a Sustainable Future:

The heart of this partnership lies in the long-term electricity supply contracts signed between the two giants. Starting in 2025, Vattenfall's solar parks in Schleswig-Holstein will provide Evonik with approximately 120 gigawatt-hours of solar power annually. This commitment underscores Evonik's dedication to embracing green electricity, aligning with its ambitious goal to transition to 100% renewable energy by 2030.

A Synergy of Goals:

Vattenfall's expertise in renewable energy development complements Evonik's sustainability strategy seamlessly. The collaboration not only exemplifies a shared vision for a fossil-free future but also highlights the critical role of electricity partnerships in driving the renewable energy market forward. By securing a stable supply of green electricity, Evonik is set to reduce its dependence on fossil fuels significantly, marking a substantial leap towards eco-friendly chemical production.

Driving Innovation and Stability:

The partnership extends beyond just supplying green electricity. It encompasses a holistic approach to managing renewable energy integration challenges, such as balancing supply and demand discrepancies. Evonik's proactive balancing group management system ensures a consistent power supply, essential for the chemical industry's operations while contributing to grid stability.


The Vattenfall-Evonik alliance is a testament to the power of collaboration in achieving sustainability goals. It's a beacon for other industries to follow suit in embracing renewable energy for a cleaner, greener future. As we move towards a more sustainable world, partnerships like these are pivotal in turning the vision of a fossil-free future into reality.

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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