14,481.39 TRY BIST 100 BIST 100
52.80 EUR EUR EUR
44.88 USD USD USD
6.62 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
39.62 TRY Interest Interest
94.41 USD Fossil Oil Fossil Oil
6.01 USD Copper Copper
113.83 USD Silver Silver
106.97 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,922.16 TRY Gold (gr) Gold (gr)
107.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Salzgitter strengthens green steel production with Iberdrola’s new solar power plant

Salzgitter AG, one of Germany’s leading steel producers, is taking a major energy step as part of its transition toward low-emission steel production.

Salzgitter strengthens green steel production with Iberdrola’s new solar power plant

The company will strengthen its green steel production by sourcing renewable electricity from a new 65 MWp solar power plant completed by Iberdrola Germany in the Saxony-Anhalt region.

The 15-year power purchase agreement (PPA) signed between Salzgitter AG and Iberdrola guarantees a total of 900 GWh of renewable electricity to be supplied directly to steel production processes. This energy will play a critical role within SALCOS (Salzgitter Low CO₂ Steelmaking), Salzgitter’s carbon-neutral steel transition program.

Annual output of 60 GWh – 23,000 tons of CO₂ reduction

Covering an area of approximately 45 hectares and comprising more than 92,000 solar panels, the facility is expected to generate around 60 GWh of electricity annually — equivalent to the annual consumption of more than 20,000 households.

The clean energy supplied from the plant is expected to prevent more than 23,000 tons of CO₂ emissions each year, directly supporting Salzgitter’s objective of reducing the carbon footprint of its steel production.

Local partnerships strengthened the project

Regional companies including Solarpro, P&Q and EMT were involved in the construction of the solar power plant. These local partnerships contributed both to the regional economy and to the project’s operational strength.

With this agreement, Salzgitter AG is accelerating its transition toward a renewable energy-based production model in the steel industry. The company emphasizes that this clean energy supply, which will be integrated with hydrogen-based production processes in the future, is of critical importance for Europe’s green steel supply security.

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

Uğur Dalbeler has become the new chairman of the Steel Exporters’ Association

Tuesday, April 21, 2026

Türkiye’s welded pipe exports increased by 4.7% in February

Tuesday, April 21, 2026

Tata Steel and SMS group take the world’s first decarbonization step in blast furnaces with EASyMelt

Tuesday, April 21, 2026

Mehmet Fatih Uysal has become the new chairman of the Aegean Ferrous and Non-Ferrous Metals Exporters’ Association

Tuesday, April 21, 2026

Mexico seeks an early agreement in steel, aluminum, and automotive sectors ahead of CUSMA

Tuesday, April 21, 2026
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