11,048.11 TRY BIST 100 BIST 100
48.86 EUR EUR EUR
41.32 USD USD USD
5.84 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
39.84 TRY Interest Interest
67.26 USD Fossil Oil Fossil Oil
56.16 USD Silver Silver
4.60 USD Copper Copper
105.55 USD Iron Ore Iron Ore
340.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,851.29 TRY Gold (gr) Gold (gr)

Salzgitter AG signs "Green power supply agreement (PPA)" with IG Merbitz Solar

Europe's leading German steel company Salzgitter AG continues its decarbonization activities.

Salzgitter AG signs "Green power supply agreement (PPA)" with IG Merbitz Solar

Salzgitter has signed a 10-year contract with IG Merbitz Solar for the supply of "green electricity" to support decarbonization. IG Merbit will supply Salzgitter with approximately 71 MWH of green electricity per year, which is generated by a photovoltaic system in Saxony-Anhalta. The agreement, which will enter into force in January 2025, also includes a substance that Salzgitter can store its energy resources at IG Merbitz facilities.

Salzgitter AG demonstrates its contribution to sustainability with sales of €12 billion in 2022. In their statements, Salzgitter underlined that they will produce steel with almost no CO2 by 2026 and underlined the importance of renewable energy sources in this process.

Salzgitter Flachstahl, a subsidiary of Salzgitter AG, signed a PPA with Octopus Energy Generation in February, demonstrating Salzgitter's commitment to contributing to climate goals and supporting decarbonization efforts.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Saudi Arabia issued USD 1 billion steel order for Mukaab project

Friday, September 19, 2025

Germany’s crude steel production continued to decline in August

Friday, September 19, 2025

The Inward Processing Regime Circular has been published! New regulation in the steel sector

Thursday, September 18, 2025

Could the decline in scrap prices in Türkiye also affect scrap prices in Russia?

Friday, September 19, 2025

Jindal Steel Duqm to build second hydrogen-ready DRI plant in Oman

Friday, September 19, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now