EKZ Renewables Commissions PESMA II Wind Farm in Portugal
Zurich / Switzerland - Swiss EKZ Renewables AG has further expanded its wind farm portfolio with the official commissioning of the PESMA II wind farm in Portugal.
“Modern power plants using renewable energy in the most resource-rich locations in Europe also safely provide a cost-effective energy supply for the end customer today. Irrespective of where they are connected to the European interconnected grid, they always contribute to meeting the increasing demand for electricity, to replacing old power plants and thus fundamentally to ensuring the stability of our electricity grid", emphasises EKZ Renewables Managing Director Christian Hürlimann.
EKZ Renewables AG is involved in renewable energy projects in Germany and abroad. The company focuses on the acquisition and management of investments in wind and solar parks. In the future, if required, the green electricity certificates generated during production are to be used by the electricity utilities of the Canton of Zurich (EKZ) and/or even the electricity is to be imported into Switzerland. The company is actively looking for further investment opportunities in nearby foreign countries. The aim is to invest around 600 million Swiss francs in the development of a diversified portfolio of power plants in the renewable energy sector. EKZ Renewables AG was founded in May 2011 by EKZ as a Swiss investment company, is headquartered in the canton of Zurich and is wholly owned by EKZ.
Source: IWR Online, 12 Nov 2020