Bekaert’s Path to Sustainability

Innovating for a Greener Future

Bekaert is taking bold steps towards sustainability, embedding responsible practices throughout its operations and value chain. By transitioning to alternative energy sources and innovating with materials that reduce environmental impact, Bekaert aims to create a low-carbon future. With ambitious Science Based Targets, the company is leading the charge to meet climate challenges head-on, ensuring that their solutions contribute to a sustainable and thriving world.

Vifor will generate enough clean energy to power more than 270,000 homes annually and will avoid approximately 540,000 tonnes of CO2e emissions per year.

By committing to the Vifor VPPA before the wind farm was operational, Bekaert contributed directly to enabling new renewable capacity to be built — a principle known as ‘additionality.’

Yearly Volume100GWH

Expected CODEnd of 2025

Duration10YEARS

Offtaker

Industry: Steel Wire
Country: Romania
Companies: Bekaert Slatina (100 GWh/a from cPPA)


Generating Asset

Project: Vifor
Country: Romania
Technology: Wind Onshore
Installed capacity: 461 MW
Development stage: In construction
Owners: Rezolv Energy

Navigating Renewable Energy Challenges

Bekaert’s sustainability journey has not been without its challenges. Tackling climate change requires innovative solutions to meet renewable energy demand across global operations. With on-site renewable energy projects like wind and solar farms in Belgium, Spain, and China, Bekaert continues to identify opportunities to minimize its reliance on fossil fuels. By leveraging partnerships and advanced energy strategies, Bekaert demonstrates that a commitment to a low-carbon society is both achievable and essential for a better tomorrow.

Why did this Virtual PPA (VPPA) offer appeal to Bekaert?

Green energy goals


Low availability of new or existing wind onshore projects Romania


Importance of VPPA


Advanced development stage

Innovative Solutions toOvercome Barriers

Solution

Corporate VPPA with Project Vifor
(owned by First Look Solutions S.R.L & Rezolv Energy)

Reasoning