Rezolv Energy has signed a 10-year Virtual Power Purchase Agreement (VPPA) in Romania with Bekaert, a provider of steel wire transformation and coating technologies.
The agreement will see Bekaert purchase 100 GWh of additional renewable power per year. The power will come from the 461 MW Vifor wind farm, which has been developed by Rezolv and Low Carbon in Buzău County, Romania. Phase 1 of the Vifor wind farm will install 192 MW of capacity, with planned expansion to 461 MW in phase 2. Construction is scheduled to be completed within 18 months, with Vifor coming onstream before the end of 2025.
