Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTMarch 1 (Renewables Now) - Austrian energy company EVN AG (VIE:EVN) is planning to build a 42-MW wind park in the state of Lower Austria in the next months to supply green electricity to nearly 36,000 households in the region.
The wind farm will consist of seven turbines of 6 MW each with five of the machines to be installed in the Neusiedl/Zaya municipality and the other two in the Palterndorf-Dobermannsdorf municipality, EVN said on Sunday.
The Palterndorf-Dobermannsdorf project was originally planned with 13 wind turbines but after a number of planning and development changes, the number of machines was nearly halved but they will produce practically the same amount of green electricity as under the initial plan.
The new wind farm supports EVN's strategy to raise its wind capacity by 350 MW to reach 750 MW in 2030 and the goal will be reached primarily through projects in Lower Austria and Bulgaria. The energy company is currently working on the construction of a 12.6-MW wind park in Schildberg, Lower Austria and on the repowering of the Japons wind farm.
The wind power expansion in Lower Austria is expected to gain momentum this year with the planned installation of 57 new turbines which will result in investments of about EUR 330 million (USD 369.56m), according to Austria's wind energy association IG Windkraft.
Last year, wind power generation in the state rose again as the 735 wind turbines in operation generated around 4 billion kWh of clean electricity.
(EUR 1 = USD 1.120)
Weekly renewables M&A round-up (Jun 27-Jul 1)
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