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May 21, 2018

Windpark Linda wins wind farm project in Germany

Windpark Linda, part of ERG Group, has won a wind farm project in an auction dedicated to the on-shore wind power sector in Germany.

Windpark Linda, part of ERG Group, has won a wind farm project in an auction dedicated to the onshore wind power sector in Germany.

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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
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Enter your details here to receive your free Report.

Construction of the 21.6MW project is set to start over the next few weeks, and is expected to be completed during the second half of next year.

Upon completion, the wind farm will have the capacity to generate approximately 50GWh of power, which will be equal to nearly 39kt of avoided CO2 emission annually.

Through an organic growth process, ERG intends to expand its footprint in one of the most important European countries for wind power development.

"The transaction is expected to increase ERG’s installed capacity in France to 300MW by the end of this year."

Prior to securing the wind power project, ERG through its subsidiary ERG Power Generation completed the acquisition of three energy companies.

The companies Parc Eolien du Melier, Parc Eolien de la Vallée de Torfou and Epuron Energies Renouvelables were acquired from Impax New Energy Holding Cooperatief, a Dutch firm held by Impax New Energy Investors II.

Currently, Parc Eolien du Melier operates an 8MW wind farm and Parc Eolien de la Vallée de Torfou owns an 18MW wind farm.

Epuron Energies Renouvelables owns a pipeline of nearly 750MW at varying stages of development.

The transaction is expected to increase ERG’s installed capacity in France to 300MW by the end of this year.

Furthermore, the company will be able to expand and step up its organic growth path in accordance with the targets set in the Business Plan.

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Free Report
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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

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