Vattenfall Announces Four Large Wind Power Projects

Vattenfall Announces Four Large Wind Power Projects

Will invest $5.2 billion over the next five years.

Swedish power group Vattenfall said on June 14 that it was moving ahead with four new European wind farm projects and would invest 4.2 billion euros (US$5.2 billion) in the field over the next five years.

The company said it had received approval for the Forst Briesnig project in Germany; a 250-megawatt wind farm called Pen y Cymoedd in southern Wales; a wind farm at Tamholt in Jutland, Denmark; and a 340-megawatt project in the Netherlands.

"Wind power is a prioritised investment area for Vattenfall," said Anders Dahl, the head of Vattenfall Renewables.

Between 2012 and 2016 the company will hire another 200 people to develop that side of its business, the statement added.

It already operates 40 different wind farms with 900 wind power turbines, generating a total of 3.7 terawatt/hours, or enough electricity to supply about one million households, it said.

The company claims to be the world's second-largest player in terms of offshore wind farms.

Copyright Agence France-Presse, 2012

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