Evonik is becoming less dependent on fossil fuels: The specialty chemicals company signed a long-term power purchase agreement (PPA) for wind energy with the energy supplier EnBW. The PPA provides Evonik with 100 megawatts (MW) from the new 900-MW He Dreiht wind farm in the German North Sea. This agreement alone will enable Evonik to cover around a quarter of its electricity needs in Europe with renewable energy from 2026 on. EnBW will supply the green electricity over a period of 15 years. Since chemical production requires a constant energy supply, Evonik will compensate for fluctuations of the wind energy feed-in through its own balancing group management.