Statkraft to Supply WACKER’s Silicon Metal Production in Norway with Green Electricity from Svean Hydropower Plant
Oslo / Holla, March 24, 2022 – Norwegian power producer Statkraft and chemical company WACKER have signed agreements to secure that around 40 percent of the electricity needs at the silicon metal production site at Holla in Norway will be met by green electricity from hydropower in the future.Statkraft will supply a total of 2.35 TWh of certified Norwegian hydropower to WACKER’s Holla site between January 2022 and December 2027. Around 525 GWh of this will come from the Svean hydropower plant under a green power purchase agreement (PPA). The agreement plays into WACKER's strategy of meeting