RWE Inks 250GWh Renewables Offtake

RWE has signed a power purchase agreement (PPA) with semiconductor tooling supplier ASML for the supply of 250 gigawatt hours of green electricity annually.

The power will be delivered from a portfolio of two new RWE onshore wind farms and one solar plant in the Netherlands, as well as an offshore wind farm in Belgium.

The two onshore farms, Oostpolderdijk and Westereems 3, with a total installed capacity of 16.5MW, are located near Eemshaven and will both be commissioned during 2021.
The offshore wind farm Northwester 2, off the coast of Zeebrugge, is operated by Belgian company Parkwind.

The solar plant, owned by a company in which RWE holds a minority share, is situated near Borssele.

The RWE wind farms were developed, built and are operated by the company’s subsidiary RWE Renewables.

The procurement of green electricity from third parties and its supply to ASML is handled by RWE Supply & Trading.

This set-up allows RWE to offer a “variety of self-built and third-party-operated renewable assets with maximum flexibility” to meet customers’ specific needs.

RWE Renewables chief commercial officer Tom Glover said: "With our broad and international portfolio of renewable assets, we are among the largest producers of green power.

“The Netherlands is one of our core markets, where we already operate seven onshore wind farms with a total capacity of around 300MW.”

To expand its capacity, the company is currently constructing four new onshore wind farms and a solar plant in the Netherlands with a total installed capacity of around 120MW.