By Dominic Chopping

Danish renewable energy company Orsted AS said Thursday that Koninklijke DSM NV has signed a power-purchase agreement to buy renewable electricity from a solar project that Orsted is developing in Texas.

The deal forms part of Koninklijke DSM's target to reduce greenhouse gas emissions by 50% by 2030 compared to 2016, Orsted said.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

August 05, 2021 03:15 ET (07:15 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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