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Uniper and Sunnic Lighthouse GmbH conclude long-term purchase agreement for solar power – EQ Mag Pro

Uniper and Sunnic Lighthouse GmbH conclude long-term purchase agreement for solar power – EQ Mag Pro

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  • Uniper and Sunnic Lighthouse GmbH conclude contract for power deliveries from 53 solar plants in Germany

  • Deliveries will start in July 2022 and initially run until the end of 2027

  • 208 GWh of green electricity will be supplied annually in this way

Uniper and direct marketer Sunnic Lighthouse GmbH, a subsidiary of ENERPARC AG, have concluded a framework agreement for the purchase of electricity from solar power plants. This so-called Power Purchase Agreement (PPA) provides for Uniper to purchase approximately 208 gigawatt hours annually from 53 solar parks distributed throughout Germany with an installed capacity of approximately 198 MW. Deliveries of green power by Sunnic Lighthouse to Uniper will start as early as July 2022 and initially run until the end of 2027.

Niek den Hollander, Chief Commercial Officer of Uniper, explains: “The demand for green power is growing. In the course of the energy transition, we are not only decarbonizing our own power generation, but are already making more and more green power available to our customers so that they can achieve their own climate targets. Hence working with Sunnic Lighthouse on a long-term offtake agreement is an excellent way to accelerate the decarbonization of ourselves and our customers. We are pleased to have Sunnic Lighthouse as a partner with whom we can now safely invest in climate-friendly electricity from photovoltaic systems and thus further advance the energy transition.”

“Renewable energies from photovoltaics are one of the most important building blocks of the energy transition. Long-term electricity supply contracts in the form of power purchase agreements offer particularly attractive conditions and security for both sides. These 208 gigawatt hours that we deliver to Uniper are an excellent example of how investments in renewable energies meet the demand for green electricity,” says Arved von Harpe, CEO of Sunnic Lighthouse GmbH.

About Uniper

Uniper is a leading international energy company, has around 11,500 employees, and operates in more than 40 countries. The company plans for its power generation business in Europe to be carbon-neutral by 2035. Uniper’s roughly 33 GW of installed generation capacity make it one of the world‘s largest electricity producers. The company’s core activities include power generation in Europe and Russia as well as global energy trading and a broad gas portfolio, which makes Uniper one of Europe’s leading gas companies. In addition, Uniper is a reliable partner for communities, municipal utilities, and industrial enterprises for planning and implementing innovative, lower-carbon solutions on their decarbonization journey. Uniper is a hydrogen pioneer, is active worldwide along the entire hydrogen value chain, and is conducting projects to make hydrogen a mainstay of the energy supply.

The company is based in Düsseldorf and is one of Germany’s largest publicly listed energy supply companies. Together with its main shareholder Fortum, Uniper is also Europe’s third-largest producer of zero-carbon energy.

Source: uniper
Anand Gupta Editor - EQ Int'l Media Network