Cooperation Launched: Enertrag And Ingka Investments Drive Repowering in Germany
Dauerthal, Germany / Leiden, Netherlands - Repowering is an important pillar for the expansion of renewable energy generation and for achieving climate targets. The renewable energy service provider Enertrag and Ingka Investments have agreed to drive forward the repowering process of Ingka Investments' wind farms in Rhineland-Palatinate, Hesse and Lower Saxony.
The aim of the collaboration is to combine the expertise of both companies in order to increase the efficiency and sustainability of existing wind farms through repowering. Enertrag will contribute its many years of experience and local presence in the development, operation and optimization of wind farms in Germany. Ingka Investments contributes the wind farm sites as owner and operator.
The cooperation between the two companies has begun with the clarification of prerequisites such as obtaining permits, dialog with the local population and assessing the current condition of the sites.
“Together, we are joining forces to explore an important contribution to the energy transition. This cooperation does not only strengthen the cooperation between our companies, but also our growth trajectory in the industry,” says Tom Lange, Head of Project Development Wind and PV Germany at Enertrag, about the importance of the cooperation.
As part of a €7.5 billion initiative to support 100% renewable energy consumption across the value chain and beyond, Ingka Investments has invested and committed more than €4 billion in renewable energy projects in the wind and solar sectors. Ingka Investments owns over 47 wind farms and 13 solar farms in 16 countries and aims to own over 1 GW of projects in the final stages of development and construction. In total, Ingka's production amounts to more than 5 TWh, which is equivalent to the annual electricity consumption of more than 1.25 million European households.
Source: IWR Online, 20 Nov 2024
