wpd, one of the leading international planners and operators of wind farms and solar parks, has signed a ten-year Power Purchase Agreement (PPA) with the Netherlands-based company LyondellBasell for the Italian onshore wind project Licata.
The Licata wind farm is located on the southern coast of Sicily and is currently under construction. The seven Vestas V150 turbines with a total capacity of 30 MW will generate around 79,000 megawatt hours of electrical energy per year, which corresponds to the electricity consumption of approximately 32,000 households. It is the first project from a 1.3 GW pipeline in Italy, which is realized by wpd.
By concluding this green power PPA, LyondellBasell, a leading international chemical company based in the Netherlands, is underlining its own ambitions for sustainable action.
“Partnering with wpd on the Licata wind project is a clear step forward in LyondellBasell’s journey to provide innovative, lower-carbon solutions,” said Chris Cain, LyondellBasell’s senior vice president, net zero transition strategy. “Securing reliable, onshore wind power for our Ferrara operations helps us accelerate our emissions reduction efforts while supporting the long-term growth of sustainable industrial practices in Italy.”
“As an experienced, reliable and competent partner for long-term power supply contracts, we offer customized solutions for climate-friendly economic activity at eye level. We are very pleased to have found a reliable partner in LyondellBasell and to be able to support them in their transition to a more sustainable future,” said Andreas Chollet, head of project development for Italy at wpd.
With a global project pipeline of 19,320 MW for onshore wind and 5,015 MW for photovoltaics, wpd has excellent prospects for further agreements for the long-term and sustainable supply of CO2-free energy to the economy.
About wpd
wpd is one of the world’s leading developers and operators (IRPP) of wind and solar farms. Founded in 1996, the company develops, finances, constructs and operates wind farms and solar parks in 31 countries. The IRPP business includes projects in its own portfolio with a total capacity of 3,192 MW. Thanks to its growing expertise, the company is considered a reliable partner for Power Purchase Agreements (PPAs). wpd is steadily expanding its activities in the German domestic market and internationally in Europe, Asia, North America and South America and has a project pipeline totaling 19,320 MW of onshore wind and 5,015 MW of solar energy.
About LyondellBasell
We are LyondellBasell (NYSE: LYB) – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare.
For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.