Industryweek 2498 Vattenfall Logo

Vattenfall Announces Four Large Wind Power Projects

June 14, 2012
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

Popular Sponsored Recommendations

Food and Beverage 2024 Trends and Outlook for North America

Oct. 29, 2023
Ready to hear what 200 of your peers said are the top challenges and opportunities in 2024? Don’t fall behind. Uncover actionable insights to better prepare for 2024 in this whitepaper...

Digitally Transforming Data and Processes With Product Lifecycle Management

Oct. 29, 2023
Manufacturers face increasing challenges in product development as they strive to consistently deliver improved results. Discover how industry leaders are improving time-to-market...

Are You Positioned To Tackle Supply Chain Risk?

Sept. 20, 2023
Supply chain disruption is here to stay, but you can keep ahead of potential issues — and identify new opportunities — by regularly assessing your suppliers. Download our supplier...

Navigating Disruption: A Leader’s Guide to Strategy Under Uncertainty

Nov. 1, 2023
AI, sustainability, digital--industrials are facing disruptive forces that are redefining what it takes to win. What got your company where it is today won’t get you where you...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!