EDPR cracks the giant wind power market it aims to take by storm
Iberian development giant gets first auction success in German market seen as behind only US for growth
Global renewables giant EDPR has made its first move to crack German wind power – earmarked to be its second most important renewables growth market after the US.
Iberian parent utility EDP said it successfully took part in a land auction opening the way to exclusive negotiations over the development of 219MW in Lower Saxony.
The Portuguese group has been active in German solar for three years following an acquisition, but confirmed the auction marks its breakthrough success in wind power there.
He said the country’s plan to reach 10GW of onshore wind additions a year are credible, praising Germany’s EU-leading record on speeding up project permitting and its EEG renewables support programme that provides a strong remuneration link between production and consumption of energy.
Vinagre also noted, however, persistent bureaucratic obstacles at local level that will need to be streamlined if the growth target is to be met.
EDPR is globally one of the largest wind players with 11GW installed and a role in offshore wind via its Ocean Winds joint venture with Engie.