Norwegian state-owned renewables company Statkraft A/S will set foot on the German market with the development of an up to 36-MW wind project in the state of Hesse.
The proposal is part of the group’s ambitions to expand its project development business in Germany, France, Italy, the Netherlands and Spain, it said on Friday. The so-called Oedelsheim scheme is set to create its first own wind farm in Germany, contributing to its goal of developing 8 GW of wind and solar capacity globally by 2025.
"With the Oedelsheim wind farm, we are creating the basis for our market entry in Germany," said Claus Urbanke, head Statkraft’s German wind and solar business.
To be installed in a forest area in the state’s Wesertal valley, the power plant will be equipped with up to six turbines that Statkraft expects to bring online by 2025. The company has already inked a concession agreement for the land and is conducting a wind measurement campaign that will last at least 12 months.
Once up and running, the wind farm will be capable of producing enough electricity to cover the consumption of around 20,000 homes annually.
Local residents will be given the chance to participate financially in the project with a citizen wind turbine and a subordinated loan, Statkraft said.
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