November 26, 2024 12:19 GMT
POWER: Axpo, Stegra Enter 2.25TWh Renewable PPA
POWER
Axpo Nordic and Stegra have signed a three-year PPA to supply a total of 2.25TWh for Stegra’s green hydrogen, iron, and steel plant in Sweden, starting in 2027, Stegra said.
- Stegra’s facility, currently under construction, aims to produce green hydrogen and steel with renewable electricity.
- Both parties view the agreement as the start of a sustained partnership to power Stegra’s plant, with potential for expansion in the future.
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