Spain's Q-Energy wins bidding to buy 27.5-MW wind project in Germany
Wind turbines in Germany. Image by: Q-Energy
Madrid, Spain-based renewables investment platform Q-Energy has acquired a 27.5-MW wind project in the state of Baden-Wurttemberg, southern Germany, for an undisclosed amount, it said on Thursday.
The scheme, which is currently under development, was purchased by Q-Energy Deutschland GmbH after a competitive bidding process. It adds to Q-Energy’s existing portfolio in Germany, which consists of more than 40 wind parks.
Once in operation, the proposed wind farm is expected to generate around 60 million kWh of electricity annually and supply around 15,000 homes. Its first turbines are due to go online in the second half of 2025.
"Against the background of the expected improvements for wind energy in southern Germany announced in the so-called Easter package presented by the German Federal Ministry for Economic Affairs and Climate Action in April, we are pleased to further diversify our portfolio with the acquisition of this wind farm,” said Niklas Hinz, head of investments at Q-Energy Deutschland.
Q-Energy says it is managing more than 1.6 GW of renewable power plants, including over 1 GW of solar photovoltaic (PV), 243 MW of solar thermal power, 350 MW of wind farms and 6 MW battery systems in Spain, Germany, the UK, Italy and Poland.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.