PNE expands solar project portfolio to 8 GW

• German Wind and solar power project developer PNE AG has actually revealed a substantial expansion of its project portfolio.

According to its own news, the business, which originated as a wind power plant developer in the 1990s, has finished its change into a "clean energy options provider", which started in 2017, and now plans to expand its "project advancement", "services" and also "power generation" segments. This includes, as its core service, the advancement of onshore and offshore wind power projects as well as solar energy plants. The company also means to integrate "future technologies such as hybrid projects with electrolysers, battery as well as gas storage along with warm generators" including "power-to-X" and also battery storage space right into its tasks.

PNE introduced plans to expand its project portfolio to a total amount of 20 gigawatts (GW) by 2027, including eight GW of photovoltaics and also ten GW of onshore and also two GW of offshore wind. Currently, the portfolio makes up 11.4 GW. The company means to retain a little component - around 1.5 GW - in its very own power generation portfolio; PNE currently runs 283 megawatts in this sector. Total planned financial investments "from outside project financing and own funds" amount to 1.6 billion euros.