Salzgitter signs a 10-year agreement for the purchase of green electricity from IG Merbitz

German steel company Salzgitter AG has signed a 10-year contract to purchase green electricity from IG Merbitz Solar as part of its efforts to support decarbonization and contribute to climate goals. This is stated in the company’s press release.

As part of the agreement, which will take effect from January 2025, IG Merbitz will supply Salzgitter with about 71 MWh of green electricity per year at a fixed price. The electricity will be generated by a ground-mounted photovoltaic system located in Saxony-Anhalt. In addition, Salzgitter will have the opportunity to store energy resources at IG Merbitz’s facilities.

«The power supply agreement between our two companies emphasizes the importance of renewable energy sources for the energy transition in Germany and for the Salzgitter plant, which will produce steel with virtually no CO₂ emissions from 2026,» comments Ralf Schaper, Head of Energy Management at Salzgitter.

As GMK Center reported earlier, at the end of February 2024, Salzgitter Flachstahl, a subsidiary of Salzgitter AG, signed a 10-year power purchase agreement (PPA) with the UK-based Octopus Energy Generation. The steel company will receive 126 GWh of clean energy per year from the Octopus solar power plant in Schibsdorf, Bradenburg.