Syngenta Signs First Virtual Wind PPA with Statkraft to Advance European Decarbonisation

Syngenta Signs First Virtual Wind PPA with Statkraft to Advance European Decarbonisation

(IN BRIEF) Syngenta has signed its first virtual power purchase agreement with Statkraft to support the decarbonisation of its European Crop Protection and Seeds operations. The five-year agreement covers 125 GWh of renewable electricity annually, totalling 625 GWh by 2030, and provides Syngenta with guarantees of origin linked to onshore wind generation in Germany. Structured as a financial contract without physical electricity delivery, the vPPA enables Syngenta to reduce operational emissions while maintaining flexibility and supporting the continued operation of unsubsidised wind assets in the German market.

(PRESS RELEASE) BASEL / DÜSSELDORF, 26-Jan-2026 — /EuropaWire/ —Syngenta has taken a significant step in its European decarbonisation efforts by signing a five-year virtual power purchase agreement with Statkraft, securing renewable wind energy to support its Crop Protection and Seeds operations. The agreement covers an annual volume of 125 GWh, amounting to a total of 625 GWh of green electricity by the end of the contract period in 2030.

The virtual PPA represents Syngenta’s first agreement of this kind and forms an important component of the company’s broader carbon reduction strategy. By leveraging this financial contract structure, Syngenta is able to advance its sustainability objectives while maintaining flexibility across its European production footprint. The agreement supports the company’s ambition to reduce emissions associated with its operations without disrupting existing energy supply arrangements.

Statkraft will deliver the vPPA through an innovative structure based on an artificial wind farm that reflects the full generation capacity of onshore wind assets in the German market. This approach enables the creation of customised electricity supply solutions tailored to corporate demand profiles. As part of the agreement, Syngenta will receive guarantees of origin for the contracted electricity volumes, ensuring that the renewable energy attributes are fully accounted for.

The electricity supplied under the vPPA is indexed to the electricity spot market for the duration of the five-year term, providing Syngenta with long-term price visibility while aligning with its established sourcing strategy. The agreement also contributes to the continued economic operation of onshore wind farms that are no longer eligible for government subsidies, supporting their viability beyond the subsidy period.

By entering into this vPPA, Syngenta is able to decarbonise its European operations without requiring physical changes to electricity delivery or operational processes. At the same time, the agreement supports the broader energy transition by helping to keep renewable generation assets economically sustainable and connected to the grid.

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Syngenta is a global leader in agricultural innovation with a presence in more than 90 countries. Syngenta is focused on developing technologies and farming practices that empower farmers, so they can make the transformation required to feed the world’s population while preserving our planet. Its bold scientific discoveries deliver better benefits for farmers and society on a bigger scale than ever before. Guided by its Sustainability Priorities, Syngenta is developing new technologies and solutions that support farmers to grow healthier plants in healthier soil with a higher yield. Syngenta Crop Protection is headquartered in Basel, Switzerland; Syngenta Seeds is headquartered in the United States. Read our stories and follow us on LinkedIn, Instagram & X.

About Statkraft

Statkraft is an international leader in hydropower and Europe’s largest producer of renewable energy. The group generates electricity from water, wind, solar, and gas, supplies district heating, and is a major player in energy trading worldwide. Statkraft employs around 7,000 people in more than 20 countries.

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SOURCE: SYNGENTA