MVV Energie Buys Wind Farm in North-East Germany

The Mannheim-based energy company MVV Energie AG has entered the wind power market by acquiring a wind farm in Plauerhagen in the state of Mecklenburg Western-Pommerania in North-East Germany.

The wind park, located around 90km south of Rostock, has a total of eight wind power plants with a hub height of 101m and a total installed output of 16 MW. With a forecast annual electricity output of around 38 GWh, Plauerhagen Wind Farm is expected to supply almost 10,000 households with electricity.

“By investing in Plauerhagen Wind Farm, we have taken our first step in the high-growth wind power market,” says Dr. Georg Müller, CEO of MVV. The company plans to raise the share of renewable energies in our electricity generation from 18% today to 30% by 2020.

The wind farm will help increase this share to 19 percent. Renewable energies are one of the focuses of the investment programme announced by MVV Energie, due to amount to EUR 3 billion by 2020. Half of this sum is devoted to “growth investments”. According to Dr. Müller, onshore wind power represents the most promising energy segment for MVV alongside the generation of energy from biomass, where the company is one of the market leaders in Germany.

The wind farm has been acquired from the Rostock-based company e.n.o. energy GmbH, a project developer and producer of wind power systems. MVV and e.n.o. announced to further cooperate in the future.

Source: MVV Energie

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