LATEST ARTICLES

Vena Energy Secures Shinsei Green Loan for Construction of 46.8 MW Nakasato Wind Project

Sangita Shetty
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Vena Energy Secures Shinsei Green Loan for Construction of 46.8 MW Nakasato Wind Project

Vena Energy, Asia-Pacific’s leading renewable energy company, announced that it has secured a green loan from Shinsei Bank for the construction of the “Nakasato” Wind Project, which has an installed capacity of 46.8 MW, and a grid capacity of 36 MW. Dubbed the “Shinsei Green Loan”, the financing comprises a JPY14.478B term loan and aligns with Vena Energy’s Green Financing Framework established in 2018, as well as the Shinsei Green Finance Framework formulated in May 2020.

The Nakasato Wind Project is expected to achieve commercial operations in the first quarter of 2022 and consists of 13 wind turbines spanning an area of 24 hectares. The Project is constructed by a peak workforce of 200 local workers and will be capable of supplying around 22,000 households with clean renewable energy on a yearly basis. Compared to thermal energy generation, the Nakasato Wind Project will also reduce approximately 61,000 tonnes of greenhouse emissions, while saving up to 87 million litres of water annually.

“Sustainability is at the heart of Vena Energy’s corporate strategy. We are determined to contribute to the energy transition, the decarbonisation of the economy and the fight against climate change through the generation of wind and solar power and the provision of clean energy storage,” said Juan Mas Valor, Head of Vena Energy Japan. “The Shinsei Green Loan will contribute to delivering the Nakasato Wind Project and support our efforts to sustain the environment, the biodiversity and the people of the Aomori Prefecture.”

“Shinsei Bank incorporates the concepts of sustainability and social impact into our business,” said Hirofumi Kusakabe, Managing Executive Officer, Head of Group Structured Solution at Shinsei Bank. “This transaction, which represents that the Nakasato Wind Project has been developed with due consideration for the environment and local communities and is going to provide environmental benefits in accordance with the Shinsei Green Loan assessment, is an important step in realizing our commitment to a sustainable future.”

Statkraft to Start Construction of 80 MW Wind Project in Brazil

Sangita Shetty
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Statkraft to Start Construction of 80 MW Wind Project in Brazil

Morro do Cruzeiro is a greenfield wind project, developed by Statkraft in Brazil. The project entails two wind farms, 14 turbines and a total installed capacity of 80 MW. The wind farms are located in the state of Bahia, close to Statkraft’s existing wind power assets. Given the excellent wind conditions in the area, the project will generate 386 GWh of renewable energy per year, enough to power more than 190,000 Brazilian homes.

The wind project is being implemented in accordance with Brazil’s strict environmental and social permitting and monitoring systems, and Statkraft’s international standards. The wind farms have limited land acquisition, no resettlement, low environmental impact and no impact on red-listed species. In addition, Statkraft will carry out Corporate Social Responsibility (CSR) activities for nearby communities, focused on education and infrastructure improvements.

Construction will start in June 2022, the first wind turbines are expected to start operation in October 2023 and completion is scheduled by beginning of 2024. The project will utilise the Nordex N163/5.7 MW wind turbine, the largest onshore wind turbines used by Statkraft to date. With a diameter of 163 meters, the rotors will cover an area equal to almost 3 standard football pitches.

The renewable energy generation from the wind farms will cover commitments from the public auction last autumn. Remaining energy will be sold in the free market.

“Statkraft’s ambition in Brazil is to be a significant developer and operator of hydro, wind and solar power. The Morro do Cruzeiro project brings us closer to achieving this,” says Country Manager Brazil, Fernando de Lapuerta.

“I’m very happy to see our teams develop such a competitive project inhouse. Construction of Morro do Cruzeiro is part of Statkraft’s growth strategy in Brazil and together with our 520 MW Ventos de Santa Eugenia project, this significantly contributes to reaching the Group-wide goal of developing 6 GW of wind power globally by 2025,” says EVP International Power, Jürgen Tzschoppe.

Brazil is mainly a hydropower country, while wind power now has a share of 11 percent of the total power generating capacity. Brazilian wind power installation is expected to grow from around 21 GW today to 32 GW by 2026, according to the Brazilian Wind Energy Association, ABEEólica.

Statkraft has been present in Brazil since 2012 and currently has a portfolio of 18 wind- and hydropower plants with a total installed capacity of 450 MW. The completion of the two wind projects Morro do Cruzeiro and Ventos de Santa Eugenia, currently under construction, will more than double the installed capacity to 1050 MW.

ACEN Adds 380 MW to Vietnam Grid in 2021

Sangita Shetty
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ACEN Adds 380 MW to Vietnam Grid in 2021

Transformational partnerships proved to be key to ACEN’s rapid renewables footprint expansion in Vietnam as the listed energy platform of the Ayala Group successfully switched on three new wind farms with over 380 MW of renewables capacity in 2021.

ACEN is on track to become the largest listed renewables platform in Southeast Asia with 5,000 MW of renewables capacity by 2025.

Leveraging on Vietnam’s strong wind resource potential, ACEN jointly developed wind projects with its partners in the country, whose impressive renewables growth remained unaffected by the pandemic. The projects, some of the most notable developments in Vietnam to date, aim to contribute to the country’s clean energy supply.

The 88 MW Ninh Thuan wind farm in South Central Vietnam commenced operations in September 2021 and is the second partnership between ACEN and the BIM Group. It is expected to produce 327 GWH per year, enough to power around 136,000 homes with renewable energy and help avoid 298,551 tonnes of CO2 annually.

The 252 MW Quang Binh wind farm, a collaboration with AMI Renewables in the North Central Vietnam, began commercial operations in October 2021. As one of the largest wind farms in Vietnam, it can produce around 648 GWh of renewable energy per year, enough to power 270,000 homes and help avoid 580,000 tons of CO2 annually. It also features wind turbines at a hub height of 145 meters.

In the same month, ACEN and partner, The Blue Circle, also switched on the 40 MW Mui Ne Phase 2 wind farm in Binh Thuan Province, South Vietnam. The wind farm features turbines that carry the largest rotor diameter for an onshore wind project in Asia at 158 meters, and are the first to use blades in two pieces assembled on site. This technology boosts efficiency and lower the cost of energy. Mui Ne wind farm is expected to avoid approximately 130,000 metric tons of CO2 emissions annually.

“We are pleased with the rapid progress that we have seen in our Vietnam projects. Powering three energy plants in 2021 was a significant accomplishment that we could not have achieved without the  collaboration with our partners and strong support from the government of Vietnam,” said ACEN President & CEO Eric Francia. “We will continue to actively participate in the green-led recovery and deliver on our Net Zero aspirations.”

Of ACEN’s six renewable energy projects in Vietnam, five are operational while the 60 MW Lac Hoa & Hoa Dong Wind in Soc Trang is expected to come online by Q1 2022. The wind project is a collaboration with partner UPC Renewables and will feature the tallest wind turbines in the country to date at a record hub height of 162 meters.

In the race against time and climate change, ACEN remains committed to help Vietnam reduce its dependency on fossil fuel and fossil imports and forge a cleaner, more affordable, and more dependable energy pathway. According to Nikkei Asia, Vietnam’s power demand is expected to reach 96 GW by 2025 as it becomes increasingly industrialized, and the rising middle class drives construction and consumption. Vietnam, which is among the countries most vulnerable to climate change, requires reliable power to support its national progress. By increasing its renewable energy sources, Vietnam could very well achieve its economic goals at net zero emissions by 2050.

Floating Energy Allyance Successful in ScotWind Tender

Sadhana Shenvekar
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Floating Energy Allyance Successful in ScotWind Tender

Floating Energy Allyance Secures Rights to Develop Major Floating Wind Project in Scottish Waters.

The Floating Energy Allyance has secured the rights to develop a floating offshore wind farm with an approximate capacity of 1GW off the northeast coast of Scotland through Crown Estate Scotland’s ScotWind leasing round, which concluded today (Monday 17 January).

The ‘option agreement’ is for the area designated NE8 in the Scottish Government’s Sectoral Marine Plan for Offshore Wind, which is located some 75km to the northeast of Fraserburgh on the Aberdeenshire coast.

The Allyance is a development partnership comprising BayWa r.e., a global renewable energy business with UK offices in Glasgow and Edinburgh; Elicio, an experienced Belgian offshore wind developer, owner and operator; and BW Ideol, a proven floating technology leader and international floating wind project co-developer.

The Allyance will now seek to re-engage with key stakeholders, step up environmental surveys and progress further work on the design as it moves towards developing detailed proposals for the project ahead of applying for consent.

FEA expects to enter into an Option Lease Agreement with CES by April 2022.

Responding to the award, Matthias Taft, CEO of BayWa r.e., said:

“We are delighted that the partnership’s unique breadth and depth of capability and expertise have been recognised by Crown Estate Scotland.

“We believe that our project will put the Floating Energy Allyance at the heart of Scotland’s offshore wind sector and also place Scotland at the very forefront of the global push to develop floating wind.”

Paul de la Gueriviere, CEO of BW Ideol, said:

“This award underlines the pertinence of our co-development model and shows once again how BW Ideol’s unique value proposition contributes to a winning and differentiating bid. We strongly believe that a credible execution and industrialization plan, accurate cost assumptions, a proven and bankable technology, and the option to manufacture our concrete floating foundations locally will contribute to our project’s successful execution.

“We will continue with our plans to create a manufacturing hub in the north of Scotland as illustrated by the strategic partnership agreement signed between BW Ideol and the Port of Ardersier in September 2021, and more generally to work to engage with the wider Scottish supply chain.”

Alain Janssens, CEO of Elicio, commented:

“Elicio has built significant expertise through our involvement in the development and operation of four offshore wind projects in Belgian waters, and we look forward to applying those lessons to the development of our ScotWind site.

“I would like to thank everyone across the partnership that has played a part in securing this exciting new chapter for Floating Energy Allyance and for Scotland’s offshore wind sector.”

Iberdrola Signs Agreement with Triconti ECC Renewables: Joins 5 Offshore Projects in Philippines

Sangita Shetty
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Iberdrola Signs Agreement with Triconti ECC Renewables: Joins 5 Offshore Projects in Philippines

Iberdrola signs agreement with Triconti ECC Renewables, the Philippines’ largest independent wind developer, sealing an option to enter five offshore wind projects with up to 3.5 GW capacity.

Iberdrola continues its expansion in the Asia-Pacific region. It has signed an agreement with Stream Invest Holding AG, a Swiss renewable energy group, and Triconti ECC Renewables, the Philippines’ largest independent wind developer, securing an option to enter five offshore wind projects at very early stages of development.

All projects have secured a wind energy service contract from the Philippines Department of Energy and would be jointly developed by the companies.

Iberdrola would become a major, long-term renewable energy investor in the Asian country, contributing to local economic development, skills and job creation while helping the Philippines develop its clean energy market and meet its decarbonisation targets.

Iberdrola already operates offshore wind projects in the UK and Germany and is building and developing an approximately 35-GW-strong project pipeline in the UK, US, Germany, France, Poland, Sweden, Norway, Taiwan, Japan, Korea and Brazil.

This agreement showcases Iberdrola’s willingness to invest and unlock the massive renewables potential of the Philippines and help the country deliver its National Renewable Energy Program (NREP) for 2020-2040 which has set a target of 35% share of renewable energy in the power generation mix by 2030 and 50% share by 2040.

Trung Nam Launches $220 Million Offshore Wind Farm in Vietnam

Sangita Shetty
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Trung Nam Launches $220 Million Offshore Wind Farm in Vietnam

According to Reuters, Vietnam’s leading renewables firm Trung Nam Group has launched its first offshore wind farm amid the Southeast Asian country’s drive for clean energy, the company said on Monday.

The 5 trillion dong ($220.17 million) farm in the southern province of Tra Vinh has 25 turbines with installed capacity of 100 MW, the company said in a statement.

Trung Nam said it would raise the total capacity of its renewable power plants to 3.8 gigawatts (GW) and LNG-to-power plants to 1.5 GW by 2025.

Vietnam is finalizing a master power development plan with a focus on renewables to meet its target to achieve carbon emission neutrality by 2050.

The country has said it aimed to double its installed wind and solar power generation capacity to 31-38 GW by 2030.

General Director of Trung Nam Group Nguyen Tam Tien believes that the plant is considered Trung Nam’s first step in the journey to cross the sea, demonstrating the group’s construction capacity, in implementing an offshore wind power project.

TotalEnergies, Green Investment Group and RIDG To Develop A 2 GW Wind Farm in Scotland

Sadhana Shenvekar
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TotalEnergies, Green Investment Group and RIDG To Develop A 2 GW Wind Farm in Scotland

The joint venture between TotalEnergies (38.25%), Macquarie’s Green Investment Group (GIG) (46.75%) and RIDG (15%), a Scottish developer in offshore wind, successfully secured rights in the N1 area to develop a 2 GW offshore wind farm project in the ScotWind leasing round. The West of Orkney Windfarm will be located 30km off the west coast of Orkney in Scotland.

This project, which aims to start producing renewable power by 2030, represents potentially more than GBP£4 billion of investment. 

As part of this development, the partners will unlock a £140m initiative to support the development of the local supply chain, including the enhancement of ports and harbor infrastructure in Orkney and Caithness. This will ensure high levels of local content and actively promote employment and innovation in the region.

The consortium has already undertaken extensive site investigations, especially in relation to the environment, to ensure that the project fully meets its sustainable development objectives. The consortium has also finalized a grid connection agreement with National Grid.

Once built, the windfarm could also deliver renewable power to the Flotta Hydrogen Hub, a proposed large-scale green hydrogen production facility in Orkney.


Patrick Pouyanné, Chairman and CEO of TotalEnergies said: “We are very proud to have been awarded by Crown Estate Scotland the leasing rights to develop this offshore wind farm, TotalEnergies’ largest renewables project in Europe to date. This project, which will complement our traditional activities in Scotland, is a perfect example of the transformation of our Company. We will provide all our resources from our new UK Offshore Wind Hub in Aberdeen, which will draw on the expertise and supply chain of our oil and gas activities and on Scottish industry, all in close collaboration with the local communities. This project further demonstrates our commitment to the sustainable development of offshore wind and will contribute to our goal of reaching 100 GW of renewable generation capacity by 2030.”  

The West of Orkney Windfarm is the fourth major offshore wind project that TotalEnergies has embarked on in the UK since 2020. The Company now has interests in projects with around 5 GW of potential capacity under development and construction in the UK. These projects will come on stream between 2023 and 2030.  

Mark Dooley, Global Head of GIG, said: “We have been a long-term investor in the UK offshore wind sector, with an established Scottish footprint – and we are delighted that our commitment to these markets has been recognized. We believe this option agreement will be truly transformational for the wider Scottish economy, unlocking new ways to accelerate the transition to Net Zero and creating hundreds of green jobs. We look forward to working with our stakeholders and all the winning bidders to seize this new opportunity for Scotland.”

To date, Macquarie and GIG have supported more than half of UK offshore wind generation capacity in operation. GIG has invested in over 30 green energy projects in Scotland, supporting hundreds of sustainable Scottish jobs. 

Mike Hay, RIDG Director, said: “It’s fantastic that Crown Estate Scotland share our vision for the West of Orkney Windfarm, a project that has been designed specifically around this location to benefit local communities, transition Scottish workers from oil and gas into renewables, and to act as a catalyst for supply chain growth. Since submitting our bid we have continued to advance development and supply chain activities to ensure that we deliver on the objectives set out within it, and to maximize the economic opportunity from the expansion of offshore wind and green hydrogen in Scotland.”

Nordex Group Achieves Order Intake of 7.95 GW In Fiscal Year 2021

Sadhana Shenvekar
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Nordex Group Achieves Order Intake of 7.95 GW In Fiscal Year 2021

The Nordex Group recorded high demand in the fourth quarter of 2021 in line with expectations. Including another project in the United States in December for more than 180 MW, the Nordex Group achieved an order intake of 7.95 gigawatts (GW) in the year (2020: 6.02 GW). Orders included a total of 1,636 wind turbines (2020: 1,331 wind turbines). The fourth quarter accounted for 678 wind turbines (Q4 2020: 491) with a total capacity of 3.3 GW (Q4 2020: 2.3 GW). The share of efficient and competitive Delta4000 wind turbines amounted to 83 percent for the full year (2020: 81 percent).

Order intake in the 4th quarter 2021

Orders in the final quarter of 2021 (in MW) were distributed as follows: 52 percent, and thus the largest share was accounted for in Europe, 21 percent in the USA, and 27 percent in Latin America. The Delta4000 series with now seven different product types accounted for 88 percent of orders in the fourth quarter (Q4 2020: 81 percent).

Order intake in the fiscal year 2021

The Nordex Group received orders from 16 European countries in 2021. Overall, Europe accounted for 58 percent of total order intake. The largest individual European markets were Germany, Finland, France, Poland and Turkey. Latin America accounted for 21 percent of the order volume and in Australia (“Rest of the World” region) the Nordex Group achieved a share of 12 percent of total order intake with its largest single order in the Company’s history. The United States, and thus the North American region, accounted for 9 percent of orders.

“Order intake momentum in the fourth quarter of 2021 was, as we expected, very strong. Numerous orders from Europe and other core markets as well as the major order from Australia have helped us to build a strong order book in 2021. Provided the macro-environment evolves as encouraging as expected, we continue to see good prospects for our products, which stand for carbon-free electricity production,” says José Luis Blanco, Chief Executive Officer (CEO) of the Nordex Group.

Nordex Group Achieves Order Intake of 7.95 GW in Fiscal Year 2021

Sangita Shetty
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0
Nordex Group Achieves Order Intake of 7.95 GW in Fiscal Year 2021

The Nordex Group achieved an order intake of 7.95GW in fiscal year 2021 (2020: 6.02 GW). Orders included a total of 1,636 wind turbines (2020: 1,331 wind turbines). The fourth quarter accounted for 678 wind turbines (Q4 2020: 491) with a total capacity of 3.3 GW (Q4 2020: 2.3 GW).

Orders in the final quarter of 2021 (in MW) were distributed as follows: 52 percent in Europe, 21 percent in the USA, and 27 percent in Latin America. The Delta4000 series accounted for 88 percent of orders in the fourth quarter (Q4 2020: 81 percent). The share of Delta4000 wind turbines amounted to 83 percent for the full year (2020: 81 percent).

Provided the macro environment evolves as encouraging as expected, we continue to see good prospects for our products, which stand for carbon-free electricity production,” said José Luis Blanco, Chief Executive Officer (CEO) of the Nordex Group.

The Nordex Group received orders from 16 European countries in 2021. Overall, Europe accounted for 58 percent of total order intake.

The Group has installed more than 37 GW of wind energy capacity in over 40 markets and in 2020 generated revenues of EUR 4.6 billion. The joint manufacturing capacity includes factories in Germany, Spain, Brazil, the United States, India and Mexico.

The product portfolio is focused on onshore turbines in the 4 to 6.X MW class, which are tailor-made for the market requirements of countries with limited space and regions with limited grid capacity.

Bp and EnBW Successful In ScotWind Offshore Wind Bid

Sadhana Shenvekar
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Bp and EnBW Successful In ScotWind Offshore Wind Bid
  • Potential generating capacity of 2.9GW – enough to power more than 3 million homes
  • Expected to support up to £10 billion of investment in offshore wind development, skills and opportunities in hydrogen and EV charging 
  • Aberdeen to become bp’s global operations and maintenance centre of excellence for offshore wind

bp and EnBW have been awarded a lease option off the east coast of Scotland to develop a major offshore wind project — to be known as Morven. The award was made in the highly competitive ScotWind leasing round, the results of which were announced by Crown Estate Scotland today. 


The approximately 860km2 lease is located around 60km off the coast of Aberdeen. The E1 lease is in an advantaged area, allowing the partners to develop it as a fixed-bottom offshore wind project with a total generating capacity of around 2.9 gigawatts (GW), sufficient to power more than three million homes.

“bp has a proud 100-year history in Scotland. We want to thank Crown Estate Scotland for the opportunity to now start a new chapter, helping Scotland continue as a global energy leader for the next 100 years.  We have a fantastic partner in EnBW and now an even more competitive portfolio of nearly 6GW of combined offshore wind to develop together.” Bernard Looney, chief executive officer 

The success of the bid is expected to unlock a number of investments across the country, as part of bp’s integrated energy company approach, leveraging its existing North Sea infrastructure, skills and relationships and EnBW’s experience in offshore wind. Along with the offshore wind development, these investments include significant expansion of electric vehicle charging infrastructure in Scotland and green hydrogen production. Together, these represent up to £10 billion of investment in support of offshore wind and Scotland’s energy transition.


bp chief executive Bernard Looney said: “bp has a proud 100-year history in Scotland. We want to thank Crown Estate Scotland for the opportunity to now start a new chapter, helping Scotland continue as a global energy leader for the next 100 years.  We have a fantastic partner in EnBW and now an even more competitive portfolio of nearly 6GW of combined offshore wind to develop together.

“Our plans go much further than just the turbines offshore. They see us investing in projects and in people — from EV charging to green hydrogen — aligned with Scotland’s energy transition plans.   “This is good business — making disciplined investments and demonstrating what an integrated energy company can do; we can’t wait to get to work.”

EnBW CEO Frank Mastiaux added: “In this close partnership we succeeded in a highly competitive field of bidders. Since the construction of the first German offshore wind farm in 2010 by EnBW, we have become a major player in offshore technology, even beyond Germany’s borders. We are therefore very pleased to be able to contribute our experience of developing and operating technically demanding offshore wind projects once again with our partner bp.  

“This success marks so far the largest development project in offshore wind for our company. And we are proud to contribute significantly to a climate-friendly energy future in Scotland, being one of the world’s largest markets for offshore wind power. “For EnBW this investment will be a cornerstone in our strategy to become CO2 neutral by 2035. The international and European targets to reduce the CO2 footprint can only be met by implementing large-scale renewable generation capacity. Offshore Wind in Scotland provides a perfect setting for achieving this goal.” 

As a result of the successful ScotWind bid, the partners will establish their operational center in Scotland, and bp will make Aberdeen its global operations and maintenance center of excellence for offshore wind, creating up to 120 new direct jobs.  It is expected to contribute up to £40 million per year to the economy.

The offshore wind development will include investments in infrastructure, ports, harbors and shipyards, including the construction of four ships to support EnBW and bp’s offshore wind projects across the UK, subject to technical and commercial due diligence. These new-builds will involve an investment of more than £100m and would be expected to support 500 associated jobs. It also triggers additional investment in Forth Ports, which are creating Scotland’s largest renewable hub at the Port of Leith, supporting up to 3,000 direct and indirect jobs in the Forth Estuary net-zero corridors. 

bp also intends to apply its integrated business model to use the clean power generated offshore to supply and significantly accelerate the expansion of its EV charging network in Scotland, to around 4,000 public chargers, by 2030. 

As part of bp’s commitment to support oil and gas workers through employment and opportunities for re-training and reskilling in renewables, bp and EnBW have already committed more than £1 million to X-Academy in Scotland in a five-year deal, supporting both reskilling experienced workers and the creation of entry-level energy transition roles.


Taken together, Morven will represent a significant contribution to the development of Scotland’s energy transition infrastructure, economy, and skills, creating new opportunities and long-term, high-quality jobs.

bp and EnBW: Successful partners in UK offshore wind

bp and EnBW are also jointly developing up to 3GW of offshore wind in the Irish Sea — the Morgan and Mona projects — in lease areas for development awarded in the UK’s Round 4 leasing round. Today’s award further demonstrates the partners’ commitment to developing efficient renewable energy for the UK. These offshore wind developments will be critical in supporting the Government’s target of producing sufficient offshore wind energy to power every UK home by the end of this decade.


bp’s strategy includes plans to increase low carbon investment to around $5 billion a year by 2030. Rapidly growing its renewables business is core to bp’s strategy — by 2030 it aims to have developed 50GW of net renewable generating capacity. bp currently has a global renewables development pipeline totaling 23GW net, and its share of this award will add to this.  


bp’s wider low carbon activities in Scotland include its Aberdeen city partnership, including an agreement to develop green hydrogen, and its memorandum of understanding (MoU) with Aberdeen Harbour to reduce emissions and provide low-carbon power. 

bp has been operating in Scotland for over a century, initially selling fuel and refining at the Grangemouth refinery. bp led the development of the North Sea, making the first commercial discovery of natural gas in 1965 and bringing the Forties field into production in 1970. Today, bp’s footprint in the North Sea is predominantly oil and gas, where we are focused on producing safe, reliable and cost-effective hydrocarbons with lower operational emissions in line with bp’s strategy. The company employs around a thousand staff based at its Aberdeen headquarters and offshore as well as supporting more than 10,000 indirect jobs in the Scottish economy. 


EnBW is one of the largest energy supply companies in Germany and Europe, with a workforce of some 24,000 employees. It supplies electricity, gas, water together with infrastructure and energy-related products and services to around 5.5 million customers. Installed renewable energy capacity will account for 50 percent of EnBW’s generating portfolio by the end of 2025. This is already having a noticeable impact in terms of reducing CO2 emissions, which EnBW plans to halve by 2030. EnBW aims to attain climate neutrality by 2035.


Further expanding renewables in Germany and selected foreign markets is a central element of EnBW’s growth strategy. Since the beginning of its corporate transformation in 2013, EnBW has invested economically successful nearly €5 billion in its Renewable Energies segment. Around another €4 billion is to be invested by 2025, primarily in further expanding wind and solar energy, meaning that a good 50% of EnBW’s generation portfolio will consist of renewables. EnBW was among the pioneers in offshore wind power with its Baltic 1 offshore wind farm in the Baltic Sea. In January 2020, the company took into operation Germany’s largest offshore wind power project, EnBW Hohe See and Albatros, with a combined capacity of 609 megawatts. The He Dreiht offshore wind farm with a capacity of 900 megawatts will be connected to the grid in 2025. He Dreiht will operate without any state subsidies.  

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