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RWE, ASML Extend Offshore Wind PPA to 2038

RWE and ASML have signed a new PPA that expands their 2021 agreement to around 130 MW and extends renewable power supply to 2038, adding offshore wind from Northwester 2 and OranjeWind.
Illustration (Image source: RWE)

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RWE and ASML have signed a new power purchase agreement, expanding the ten-year PPA the companies entered into in 2021.

The revised agreement now covers around 130 MW of installed renewable capacity and extends the supply term to 2038. It also adds power from another of RWE’s offshore wind farms.

In 2021, ASML signed a PPA for more than 250 GWh of green electricity a year from RWE. Part of that supply came from the Northwester 2 offshore wind farm in the Belgian North Sea, with the remainder provided by two RWE onshore wind farms and one solar plant in the Netherlands.

Under the new agreement, ASML will take additional power from Northwester 2 as well as from RWE’s Dutch wind portfolio, including the OranjeWind offshore wind farm and four onshore wind farms. RWE said the agreement was structured with support from Dutch consultancy Energie Makelaar BV.

According to RWE, the electricity will be used at ASML’s facilities in the Netherlands.

The 219 MW Northwester 2 offshore wind farm is located 51 km from shore in the Belgian North Sea and has been operating since 2020. The asset is owned by Parkwind. Under a long-term PPA signed in 2019, RWE Supply & Trading procures the full electricity output from Northwester 2 and sells the electricity and guarantees of origin to large industrial and municipal customers.

The 795 MW OranjeWind offshore wind farm in the Netherlands is owned by a joint venture between RWE and TotalEnergies. Located about 53 km off the coast of IJmuiden, the project is set to begin offshore construction this year, with full commissioning expected in early 2028.

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.
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