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Renewables
BASF buys into 2 more wind farms
by Alex Scott
April 28, 2024
| A version of this story appeared in
Volume 102, Issue 13
BASF has agreed to acquire 49% of the offshore wind farms Nordlicht 1 and 2 being built in the German North Sea by the Swedish state-owned energy company Vattenfall. BASF will get 49% of the wind farms’ electricity output of up to 1.6 GW. BASF says the energy will help it achieve a 2030 target of reducing its energy- and production-related emissions by 25% compared to 2018. In 2021, BASF acquired almost half of the 1.5 GW Hollandse Kust Zuid offshore wind farm in the Dutch North Sea.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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