March 14 (Renewables Now) - German municipal utilities group Trianel said on Wednesday it intends to develop an 800-MW portfolio of wind and solar projects as part of its renewables strategy.
The plan will be implemented with a development capital of EUR 13 million (USD 14.7m) and will support Germany’s goal to reach 65% renewable power by 2030.
"We believe in the energy transition and, together with municipal utilities, make our contribution to achieving our goals," said Herbert Muders, head of onshore development at Trianel. He added that the group has switched on 300 MW of wind and solar parks with municipal partners and is working on additional projects at home.
In the solar sector, in particular, Trianel plans to implement 120 MWp of photovoltaic (PV) schemes through 2019, taking advantage of the falling construction costs and economic optimisation potential, it said.
(EUR 1.0 = USD 1.133)