- Press Releases
June 18 (Renewables Now) - German energy major RWE AG (ETR:RWE) has secured a 17.1-MW project in a recent tender for onshore wind power capacity in its home county.
The subsidy, awarded by the German Federal Network Agency, concerns the Sanbostel-Bevern wind project in the district of Rotenburg, Lower Saxony, the developer said earlier this week. It expects to start building works next year.
The wind farm will feature four 5.7-MW turbines made by domestic manufacturer Nordex. Three of these machines will be owned by RWE, while the fourth one will be installed by the company but will be owned by local citizens at the same site. Once up and running, the plant will be capable of producing enough electricity to cover the consumption of over 15,500 homes.
At present, RWE operates over 550 MW of wind parks in Germany and is working to add more. “From 2020 until 2022, we are planning to invest around one billion euros net to grow our renewables portfolio in Germany,” RWE Renewables’ Europe and APAC onshore wind and solar PV chief operating officer Katja Wunschel.
Germany’s latest tender for onshore wind awarded 1,110 MW at a volume-weighted average price of EUR 59.1 (USD 70.42) per MWh. Bids in the undersubscribed round ranged from EUR 56.8/MWh to EUR 60/MWh. Apart from RWE, other winners are Baywa, EnBW, Juwi and PNE.
(EUR 1.0 = USD 0.839)