MOSCOW (MRC) -- German BASF, the world's petrochemical major, has teamed up with regional energy company envia Mitteldeutsche Energie AG for the construction and operation of a 24-MWp solar park in the state of Brandenburg that will supply green electricity to the group's nearby production site, according to RenewablesNow.
The joint project is part of BASF's efforts to cut its carbon emissions by 25% by 2030 and reach net zero emissions by 2050.
The partners plan to install some 52,000 solar modules on an area of 24 hectares (59.31 acres) in the town of Schwarzheide, southern Brandenburg, starting in the first quarter of 2022, enviaM said on Thursday.
The park is expected to be put online in the second quarter of next year and generate 25 GWh of electricity annually, the bulk of which will be supplied to BASF's production site in Schwarzheide under a long-term power purchase agreement (PPA). The electricity from the solar park will partially meet the power needs of BASF's production lines for cathode materials for batteries that are currently under construction.
The subsidy-free project, including the solar park and the substation, will cost about EUR13 million (USD 14.74m).
The initiative, which includes the creation of a joint venture that will implement the project, is still subject to approval by anti-trust authorities.
EnviaM's subsidiary envia THERM GmbH is responsible for the planning, construction and operation of the solar park.
As MRC reported earlier, Air Liquide and BASF plan to develop world largest cross-border CCS value chain. The goal is to significantly reduce CO2 emissions at the industrial cluster in the port of Antwerp. The joint project Kairos@C has been selected for funding by the European Commission through its Innovation Fund, as one of the seven large-scale projects out of more than 300 applications.
We remind that BASF aims is to electrify its production processes for basic chemicals, which are currently based on fossil fuels.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,868,160 tonnes in the first nine months of 2021, up by 18% year on year. Shipments of all grades of ethylene polymers increased. At the same time, PP shipments to the Russian market were 1,138,510 tonnes in the first nine months of 2021, up by 30% year on year. Supply of propylene homopolymer (homopolymer PP) and block-copolymers of propylene (PP block copolymers) increased, whereas supply of injection moulding PP random copolymers decreased significantly.
BASF is the leading chemical company. It produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries.
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