Vattenfall signs green energy deal with Volvo

Green energy agreement involves electricity from 140MW windfarm

Swedish energy giant Vattenfall has signed an agreement with Volvo Group to sell 50% of the electricity produced at Bruzaholm wind farm over a 10-year period.

Construction of the Bruzaholm windfarm will start this year and will be ready for commission during the autumn of 2025, at which point the agreement with Volvo Group begins.

The 140MW wind farm is located near the city of Eksjö in southern Sweden. It will consist of 21 turbines of 240 meters in height within an area of 13 square kilometers.

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According to Volvo, the partnership with Vattenfall will advance the Group’s mission to reach a net-zero greenhouse gas emissions value chain by 2040. In an effort to decarbonise, Volvo is replacing any remaining fossil energy sources in its operations with renewable energy sources such as wind, solar and hydropower.

“The industry's energy transition is taking place here and now – the key to success is collaboration, no one can tackle the challenge completely on their own," said Vattenfall’s CEO and President Anna Borg

"By expanding fossil-free energy sources, collaborating to electrify processes that are currently based on fossil fuels, using our fossil-free electricity and developing charging infrastructure, we can contribute to the phasing out of fossil fuels in the entire transport sector.”