Vattenfall unveils German onshore wind collaboration with GAIA
Source: Vattenfall UK (corporate.vattenfall.co.uk)
Swedish state-owned utility Vattenfall AB on Wednesday announced it is partnering with German renewables company GAIA mbH to jointly develop onshore wind projects in northern and western Germany.
The two companies have signed an exclusive cooperation agreement for the planning and development of those schemes in North Hesse and parts of Rhineland-Palatinate state.
"Vattenfall has the corporate goal of enabling a fossil-free life within a generation,” said Philipp Heucke, head of project development onshore wind Germany, adding that renewables and wind, in particular, have a vital role for the company.
Vattenfall said it seeks to expand its wind power generation in the coming years, especially from onshore wind. For that purpose, it is targeting “significant expansion” in its European markets and intends to support the financing of new projects through long-term supply agreements (PPAs), as one of the options for marketing renewable electricity. Growth in Germany will be achieved through cooperation and regional partnerships, the Swedish firm said.
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.