ImWind protects loan to add 80 MW of wind, solar in Austria

• Vienna-based renewable energy manufacturer ImWind Erneuerbare Energie GmbH has prepared EUR 100 million (USD 108.79 m) in funding from loan provider Raiffeisenlandesbank Niederoesterreich-Wien to support the building and construction of wind as well as solar energy plants in Austria.

The funds will certainly be invested in 3 wind projects in Weinviertel, Lower Austria and also a solar scheme in Nickelsdorf, Burgenland with an integrated capacity of 80 MW, ImWind claimed today.

As soon as up and running, the four power plants are anticipated to provide more than 40,000 households in Austria with clean electrical power.

The financing arranged with the Austrian cooperative loan provider originates from a climate loan programme for Austria that the European Investment Bank (EIB) launched last year.

ImWind has been creating, constructing and also running wind farms as well as photovoltaic parks in Austria for over 25 years. In total, 140 wind and solar plants currently create around 1 TWh of clean electrical energy every year as well as supply over 300,000 households in Austria.

In January, the company worked with German solar programmer Goldbeck Solar to develop two solar parks with a combined capacity of 42 MWp. The two projects lie in Nickelsdorf in northeastern Burgenland near the Hungarian boundary and also in Tauernwind, Styria.