Under a 16-year Purchase Agreement (PPA), the RWE Supply & Trading subsidiary of German electric utility, RWE will supply solar power to Bosch’s sites in the country. The electricity will be generated in southern Germany by 50 MW of solar capacity which is set to go online next year.
“With this deal, we are contributing to the introduction of Bosch’s ambitious climate security programme,” said Andree Stracke, RWE Supply & Trading’s chief commercial officer for origination and gas supply. Bosch states that its German sites have been climate-neutral since the end of last year, and plans to accomplish the same feat for this year’s global operations.
The engineer has also signed solar PPAs with the Norwegian renewables business Statkraft and the Swedish power utility Vattenfall with the engineer’s three deals amounting to 100 GWh of solar energy per year. Under optimum solar generation conditions, the secured capacity volume will produce enough renewable energy to simultaneously power Bosch’s plants Feuerbach, Homburg and Bamberg for at least an hour, the company said.
The 12 to 16-year PPAs signed by Bosch would offset part of the green energy that the company is currently purchasing from renewables plants. The agreement with Statkraft has already begun, with power supply since May.
At Bosch sites, nearly 50 solar plants already supply the company at Nashik, which boasts the largest such facility in the Indian automotive industry, with about 60 GWh of clean power. The company expects to produce 1.3 GWh per year from a photovoltaic system that is expected to be installed this year at its Hemaraj plant in Thailand and plans to reach 400 GWh per year of annual on-site solar production by 2030.
As the latest three PPAs show, the engineer and tech brand is also sourcing clean energy from third parties and is already taking 80 per cent of its electricity needs from renewables in Mexico, thanks mainly to a 15-year PPA with Italian energy company Enel linked to a wind farm that produces 105 GWh per year.
Bosch also maintains facilities for hydropower and biomass, with aims to add heat and power hydrogen. The company began using a prototype stationary fuel cell which it had built at its sites in Homburg and Bamberg last year, and the system now covers peak demand for electricity. In Salzgitter, Germany, Bosch is collaborating with the Fraunhofer Institute and other companies to create a ‘hydrogen campus,’ which is being sponsored by Lower Saxony’s town and state.
Source – here