Volvo to buy Swedish wind power to 'phase out fossil fuels in transport sector'
Truckmaker to buy half of output of Vattenfall's planned 140MW Bruzaholm wind farm near Eksjö
Swedish truckmaker Volvo Group will buy half of the output of the Bruzaholm wind farm Vattenfall is building in the southern Swedish city of Eksjö.
The developer will start construction of the 140MW wind farm this summer, with commissioning planned in the fall of 2025.
“Today's agreement is an example of how Volvo Group has chosen to be at the forefront of its electrification and climate work,” Vattenfall CEO Anna Borg said.
“By expanding fossil-free energy sources, collaborating to electrify processes that are currently based on fossil fuels, using our fossil-free electricity and developing charging infrastructure, we can contribute to the phasing out of fossil fuels in the entire transport sector."
The wind farm will feature 21 turbines with a height of 240 metres, but Vattenfall didn’t reveal the manufacturer. Annual production is expected to reach about 460GWh.
“This partnership marks an additional step in continuously reducing the environmental impact from our own industrial activities,” Volvo Group CEO Martin Lundstedt said.
“The agreement signals our commitment to prioritize low-carbon investments, source renewable energy, and take climate action across everything we do.”
The 10-year power purchase agreement (PPA) will start when the wind farm is commissioned in 2025.
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