Deutsche Telekom to Source 100GWh of Clean Energy Annually from Romania

Deutsche Telekom subsidiaries T-Mobile Czech Republic, Slovak Telekom, and CE Colo Czech Republic have signed cross-border virtual Power Purchase Agreements (VPPAs) with Rezolv Energy, enabling the procurement of 100GWh of clean energy annually for 12 years. The agreements mark the first cross-border VPPAs for Czech and Slovak companies, facilitating the construction of one of Europe’s largest onshore wind farms.

The clean power will be sourced from the 461MW VIFOR wind farm in Buzău County, Romania, a project developed by Rezolv Energy and Low Carbon. The first phase of VIFOR will provide 192MW, with an expansion to 461MW planned. This wind farm will generate enough energy to power over 270,000 homes and is expected to prevent around 540,000 tonnes of CO2 emissions annually.

Significant Milestone in Renewable Energy

The 100GWh of clean power will be distributed as follows: T-Mobile Czech Republic will receive 50GWh, Slovak Telekom 40GWh, and CE Colo Czech Republic 10GWh per year. These VPPAs represent a major milestone in Central and Southeastern Europe, moving beyond traditional physical agreements to financial arrangements where energy certificates verify the renewable source.

Pavel Hadrbolec, CFO of T-Mobile Czech Republic and Slovak Telekom, highlighted the importance of this deal, stating, “We are proud to enable a new renewable energy site and lead in decarbonization. This agreement also diversifies our energy procurement strategy and helps hedge against energy price volatility.”

About the VIFOR Wind Farm

Strategically located near the Carpathian Mountains, the VIFOR wind farm benefits from exceptional wind yields. The project’s completion is expected within 18 months, with operations commencing before the end of 2025. Recently, financing of up to €291 million was secured for Phase 1 from a consortium of lenders led by Erste Group, UniCredit Group, and the European Bank for Reconstruction and Development, among others.

Alastair Hammond, CEO of Rezolv Energy, emphasized the project’s role in the region’s energy transition, stating, “The VIFOR project will significantly contribute to Romania’s renewable energy targets. These VPPAs demonstrate the potential for companies across the region to source green energy from Romanian projects.”

Supporting Romania’s Climate Goals

The VIFOR wind farm will play a crucial role in reducing fossil fuel dependence in the region, aligning with Romania’s climate objectives. Built to high international sustainability standards, the project aims to create a lasting positive impact.