Axpo Deutschland inks 60GWh PPA deal with silicon wafer manufacturer Siltronic

Facebook
Twitter
LinkedIn
Reddit
Email
The power purchase agreement will power Siltronic’s two wafer plants in Germany. Image: Axpo Deutschland

Energy trader Axpo Deutschland has signed a power purchase agreement (PPA) with silicon wafer manufacturer Siltronic.

Under the 10-year agreement, Axpo Deutschland will produce 60GWh of renewable energy annually from PV plants in Germany and deliver it to Siltronic’s two production facilities in Burghausen in Bavaria and Freiberg in Saxony at a fixed price and based on a fixed schedule.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Delivery of energy will begin in 2024.

“Many more corporate PPAs are needed to accelerate the energy transition and enable a more sustainable future. Therefore, it is important to make PPAs for companies easy to conclude, implement and integrate into their supply mix,” said Janosch Abegg, senior originator of Axpo Group.

Axpo Deutschland concluded its first PPA in the German solar market in 2019.

Prior to this latest deal, the company expanded its presence to Switzerland with the development of 1.2GW of solar PV by 2030 in the Alps and residential areas. The company expects an investment of around CHF1.5 billion (US$1.59 billion) for the expansion of its solar PV capacity sat at 0.2GW in Switzerland. This marks a six-fold expansion for the company and it comes after temporary simplifications of the political framework conditions for alpine installations.

Read Next

October 7, 2025
Juniper Green Energy through its subsidiary Juniper Green Sigma Eight has signed a 70MW power purchase agreement with renewable energy giant Tata Power. 
October 7, 2025
Doral Renewables has secured a PPA with an unnamed 'corporate buyer' for its 430MW Cold Creek solar-plus-storage project in Texas.
October 6, 2025
German solar inverter manufacturer SMA Solar will cut 350 jobs in 2026 as it adapts to the “weak” residential PV market.
September 29, 2025
German renewables developer ABO Energy is looking to begin owning and operating its energy projects in a transition from a “pure play” developer to an independent power producer (IPP) model.
September 23, 2025
European power purchase agreement (PPA) prices fell 0.6% between July and August this year, according to Swiss consultancy Pexpark.
September 17, 2025
Struggling Swiss solar manufacturer Meyer Burger has formally entered into a debt moratorium, with the possibility of rescuing the entire group now looking unlikely.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK