RPC starts building LyondellBasell pair in Sweden


February 22, 2024

Renewable Power Capital has started building two wind farms totalling 252MW in Sweden’s Västernorrland County that will supply power for the Swedish operations of US chemicals group LyondellBasell.

LyondellBasell has signed 10-year power purchase agreements to buy electricity from the 154MW Storhöjden and 98MW Knäsjöberget projects in Kramfors and Sollefteå municipalities. Storhöjden and Knäsjöberget are parts of a broader 553MW cluster of projects.

Nordex is set to supply turbines for the pair and turbine installation is due to begin in spring 2025, with commissioning due in early 2026.

Steve Hunter, managing director of power markets and asset management at RPC, said: “This progress, and the fact we have already secured PPAs for the wind farms, is a testament to both the expertise of our team and the strength of our subsidy-free investment strategy. We have already hit some important milestones this year and are excited to build on this progress, working alongside our partners such as LyondellBasell to develop clean energy capacity.”

The PPAs cover the supply of around 720GWh of wind power annually and are intended to help LyondellBasell to procure at least 50% of electricity from renewable sources by 2030.

Chris Cain, senior vice president for net zero transition strategy at LyondellBasell, said: “We are taking decisive steps to reduce our scope 1 and 2 greenhouse gas emissions and power purchase agreements are a critical lever towards meeting our targets. The projects in Sweden make significant contribution to our renewable energy goal and help us accelerate the development of clean energy.”

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