PNE AG to Expand Wind Farm Capacity to 207 Megawatts

PNE AG to Expand Wind Farm Capacity to 207 Megawatts

(IN BRIEF) Renewable energy company PNE AG is expanding its wind farm portfolio to generate more electricity. Currently, wind farms with a capacity of 207 megawatts are in various stages of development across Germany and France, and are expected to come online by 2027. PNE AG aims to increase its own generation portfolio of wind farms and solar plants to 1,500 MW/MWp by 2027. Three wind power projects in Germany with a total of 67 MW were approved in Q1 2023, and are earmarked for the next tender. The company’s existing portfolio consists of 23 wind farms with a total output of 320.5 MW, generating approximately 509 GWh of clean electricity in 2022.

(PRESS RELEASE) CUXHAVEN, 13-Apr-2023 — /EuropaWire/ —PNE AG is significantly expanding its capacity to generate electricity with its own wind farms. Wind farms with a nominal capacity of 207 megawatts (MW) are currently under construction, or have successfully passed the tendering process and are in the construction preparation phase. These include “Saint-Aubin-du-Plain” (output of 12 MW) in France, which is the first project outside Germany. In addition, PNE received approval for three wind power projects in Germany with a total of 67 MW in the first quarter. They are earmarked for the next tender.

“For the just over 200 MW of wind energy projects alone, which we now have under construction or for which we will start construction in the coming months, we will exceed investments of half a billion euro”, says Markus Lesser, CEO of PNE AG. “Never before have we had so many projects earmarked for our own generation portfolio at the same time in this phase of project development. This is a record both in terms of the nominal capacity of the wind farms and the amount of the investment.”

PNE’s corporate strategy provides for the continuous expansion of its own generation portfolio of wind farms and solar plants to 1,500 MW/MWp by 2027. This expansion will take place in Germany, France, Poland, Italy and Spain.

“As an intermediate step, we plan to have 500 MW of wind power capacity in operation or under construction by the end of this year,” comments Markus Lesser. “We are very satisfied with the status of the current plans and the successful tenders. Thus, we are well on the way to achieving our goal of becoming a significant independent power producer. The investments of the past years will then pay off and become visible in the results.”

The wind farms approved in the first quarter are “Heidmoor” with 36 MW, “Bebensee I” with 18.6 MW and “Bebensee II” with 12.4 MW. They are all located in Schleswig-Holstein and are now being prepared for the next tender in May.

PNE AG’s own generation portfolio currently consists of 23 wind farms with a total output of 320.5 MW. They generated approx. 509 gigawatt hours of clean electricity in 2022. In purely arithmetical terms, this is enough energy to supply around 138,000 three-person households and reduce CO2 emissions into the environment by approx. 345,000 tonnes.

Media Contact:

Alexander Lennemann
Head of Corporate Communications

+49 (0) 151-559 686 50
alexander.lennemann(at)pne-ag.com

SOURCE: PNE AG