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Mercedes-Benz in preliminary offshore wind deal for electricity from 2027

Published by Uma Rajagopal

Posted on October 18, 2022

2 min read

· Last updated: February 3, 2026

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Mercedes-Benz logo with wind turbines representing renewable energy transition - Global Banking & Finance Review
This image features the Mercedes-Benz logo alongside offshore wind turbines, symbolizing the carmaker's commitment to renewable energy. The article discusses their preliminary deal for wind energy supply in Germany, aiming for 25% of their electricity demand by 2027.
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BERLIN (Reuters) – Mercedes-Benz has struck a preliminary agreement with an offshore wind provider to supply electricity equivalent to 25% of its demand in Germany from 2027 onwards, a spokesperson for the carmaker said on Monday. The energy provider, which the spokesperson declined to name, will reserve the energy for Mercedes-Benz from an offshore wind […]

BERLIN (Reuters) – Mercedes-Benz has struck a preliminary agreement with an offshore wind provider to supply electricity equivalent to 25% of its demand in Germany from 2027 onwards, a spokesperson for the carmaker said on Monday.

The energy provider, which the spokesperson declined to name, will reserve the energy for Mercedes-Benz from an offshore wind park under construction in the Baltic Sea.

Russia’s invasion of Ukraine and spiking gas prices have stepped up the urgency for German industry, which consumes another 30% of the country’s energy, to move away from fossil fuels, with tools like carbon offsets and renewable energy certificates no longer enough to meet the new goal of energy independence.

The carmaker , which previously said it aims to cover 70% of its energy demand with renewables by 2030, said in April it was sourcing all its electricity for Germany from green sources from 2022 onwards under purchase power agreements with Statkraft and Enovos.

It is also planning to build a wind farm in the northwestern German state of Lower Saxony by 2025 that is able to produce a hundred megawatts of electricity, equivalent to over 15% of the carmaker ’s annual demand in Germany.

(Reporting by Victoria Waldersee; editing by David Evans)

Frequently Asked Questions

What is renewable energy?
Renewable energy is energy generated from natural resources that are replenished over time, such as solar, wind, and hydroelectric power. It is considered more sustainable than fossil fuels.
What are carbon offsets?
Carbon offsets are reductions in emissions of carbon dioxide or greenhouse gases made in order to compensate for emissions produced elsewhere. They are often used to mitigate climate change.
What is an offshore wind park?
An offshore wind park is a facility that generates electricity using wind turbines located in bodies of water, typically oceans or large lakes, to harness wind energy.
What is energy independence?
Energy independence refers to a country's ability to meet its energy needs without relying on foreign energy sources, often achieved through the development of domestic energy resources.

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