About BASF Renewable Energy GmbH

Founded on January 1, 2022, BASF Renewable Energy GmbH is a wholly owned subsidiary of BASF SE, based in Ludwigshafen, Germany. The company consolidates all renewable energy activities within the BASF Group across Europe, including the planning, procurement, and trading of renewable electricity.

Core Responsibilities

BASF Renewable Energy GmbH implements a “make-and-buy” strategy to secure sustainable energy. This includes the development of BASF-owned wind and solar assets, as well as negotiating long-term Power Purchase Agreements (PPAs) with leading energy providers. The goal is to ensure a stable, cost-effective supply of green electricity to power BASF’s production sites across Europe.

Strategic Impact

As BASF targets a 25% reduction in CO₂ emissions by 2030 and net-zero emissions by 2050, its demand for renewable electricity is expected to increase significantly. The company estimates it will need up to 25 terawatt-hours of additional renewable energy by 2040. Investments in large-scale renewable infrastructure, such as offshore wind farms including Hollandse Kust Zuid and the Nordlicht projects, reflect this ambition.

Capabilities & Services

The subsidiary also oversees energy distribution and optimization across European operations. It manages trading activities in real-time energy markets and supports the BASF Group with centralized consulting on energy transition strategies.

Why It Matters

BASF Renewable Energy GmbH plays a critical role in decarbonizing one of Europe’s largest industrial energy users. By combining asset development with smart procurement, the company helps future-proof BASF’s energy supply while contributing to broader climate and sustainability goals.