RWE Inks Several New PPAs for 342 MW Kaskasi Offshore Wind Farm in Germany

Business & Finance

February 19, 2024, by Adnan Memija

RWE has signed six new Power Purchase Agreements (PPAs) with major German industrial customers for the supply of around 1,000 GW/h of green energy per year from its Kaskasi offshore wind farm, starting from 2026. PPAs have been signed between RWE Supply & Trading and DHL Group, Ensinger, Evonik, Infraserv Höchst, thyssenkrupp Steel Europe, and Vodafone.

Most of the contracts run for ten years and include either a direct purchase (as produced), a scheduled profile delivery (as nominated), or a delivery of constant volumes (baseload delivery).

The first PPA from Kaskasi has already been signed with the retail divisions of the Schwarz Group (Lidl, Kaufland) in spring 2023.

The first contract will start in 2026, with further contracts to follow in 2027 and 2028, respectively, thus fully allocating the electricity available for the PPAs.

Under the contract signed with Vodafone, the offshore wind farm will supply a total of 250 GW/h per year beginning in 2026. The supply will be dedicated to powering around 12,000 of the company’s 26,000 mobile phone stations in Germany, said Vodafone.

When it comes to ThyssenKrupp Steel, the company signed a PPA with RWE for the supply of 112 GW/h per year from the offshore wind project.

RWE’s Kaskasi offshore wind farm is located around 35 kilometres off the coast of Heligoland and features 38 Siemens Gamesa SG 8.0-167 DD Flex wind turbines with a total installed capacity of 342 MW.

Kaskasi has been operating since December 2022 and was officially inaugurated in 2023. According to RWE, the project can supply 400,000 households a year with green electricity.

Three of the wind farm’s turbines are fitted with Siemens Gamesa’s fully recyclable blades which can be recycled at the end of their life.