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PNE WIND Group completed or began construction on wind farms with 140.9 MW of capacity in 2015

PNE WIND Group completed or began construction on wind farms with 140.9 MW of capacity in 2015

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The PNE WIND Group continues to make a successful contribution to the “Energiewende” and therefore to the expansion of safe and climate-friendly energy generation. In the last year, wind farms with a total nominal capacity of approx. 90.5 MW were commissioned and additional wind farms with approx. 50.4 MW on nominal capacity are currently under construction. In one repowering project, older wind power turbines that were erected some 20 years ago were replaced by modern turbines.

The majority of the commissioned turbines completed in 2015 were transferred internally within the Group to the YieldCo. At the end of 2015, wind turbines with a nominal capacity of approx. 66.6 MW were bundled here. From the wind farms that are currently under construction, 27.3 MW are to be included in the YieldCo and 23.1 MW were recently sold to an investor.

Internationally the Group reported successes in 2015. The sale of its UK subsidiary PNE WIND UK Ltd. and its pipeline including projects with planning permissions for wind turbines with 117 MW of nominal capacity marked a significant operational success last year. Internationally, the PNE WIND Group concentrates on growth markets with long-term perspectives. A strategic advantage in the expansion of its international activities is the Group’s long term market experience and its existing operations in different countries.

The outlook for 2016 is positive and the Group companies – PNE WIND AG and WKN AG – already have permits for additional wind farms in Germany and abroad, which will soon be constructed or held for sale.

Markus Lesser, Chief Operating Officer of PNE WIND AG: “Operationally, 2015 was a successful year for the PNE WIND Group. In particular, the “Chransdorf” wind farm, which is the largest onshore wind farm completed in the company’s history to date, was erected and commissioned within an exceptionally short period of time. We were also able to prove our strength in the repowering field. However, planning security must remain ensured from a regulatory perspective so that we can continue to make our contribution to the expansion of wind energy in the future. The successful outcome of the world climate conference in Paris is encouraging and points the right way forward.”

Anand Gupta Editor - EQ Int'l Media Network

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