PNE Group Surpasses 100 Project Milestone, Facilitating Growth in Renewable Energy Sector

PNE Group Surpasses 100 Project Milestone, Facilitating Growth in Renewable Energy Sector

(IN BRIEF) PNE Group proudly announces a significant achievement in its mission to drive renewable energy adoption: surpassing the milestone of supporting over 100 wind and photovoltaic project companies through its pioneering consulting programme, “Power Purchase Agreements (PPA) as a Service”. In 2023 alone, PNE’s dedicated PPA team facilitated agreements for 39 wind and PV projects, collectively generating over 337 megawatts of clean energy. Through its acclaimed “PPA as a Service” initiative, PNE serves as a pivotal PPA broker, empowering plant operators to navigate the complexities of marketing solutions, contract negotiations, and operationalizing PPA agreements. With a commitment to inclusivity, PNE ensures attractive terms for even smaller renewable energy ventures, leveraging its extensive network and market influence to champion sustainable practices. Notably, PNE’s clientele spans from major European electricity traders to forward-thinking industrial players embracing green supply solutions, cementing the company’s pivotal role in bridging the gap between renewable energy producers and corporate sustainability strategies. Nils Kompe, Head of Energy Supply Services and PPA Management at PNE AG, underscores the company’s trajectory, forecasting further growth with ongoing negotiations poised to propel brokered energy volume to new heights, potentially reaching up to 3 terawatt hours by year-end.

(PRESS RELEASE) CUXHAVEN, Germany, 19-Feb-2024 — /EuropaWire/ — PNE AG (ETR: PNE3), a Clean Energy Solutions Provider, celebrates a significant achievement as it announces its support for over 100 wind and photovoltaic project companies through its innovative consulting program, “Power Purchase Agreements (PPA) as a Service.” In 2023, the PNE’s PPA team assisted 39 wind and PV project companies, totaling over 337 megawatts in short and long-term PPA agreements. This success has bolstered the total number of renewable energy projects supported by PNE to 107.

The “PPA as a Service” initiative acts as a crucial intermediary, aiding plant operators in securing suitable marketing solutions, negotiating contracts, and implementing key features of PPAs. By bridging the gap between plant operators and electricity purchasers, PNE ensures favorable terms, even for smaller renewable energy ventures, leveraging its extensive network and market influence to drive sustainable practices and help clients meet their renewable energy targets.

The clientele benefiting from green electricity procurement includes major European electricity traders and industrial customers committed to green supply solutions as part of their sustainability strategies. As a result, PNE is positioned as a leading partner for innovative solutions tailored to the needs of plant operators and industrial companies.

Nils Kompe, Head of Energy Supply Services and PPA Management at PNE AG, emphasizes the company’s leading role in PPA consultancy and brokerage, stating “With its successful PPA deals, the PNE Group is securing its leading role as a consultant and broker for PPAs. Further negotiations on the conclusion of PPAs are in the pipeline, so we’re anticipating a brokered energy volume of up to 3 terawatt hours by the end of the year.”

Media contact:

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

SOURCE: PNE AG