“Vattenfall acquires German wind development project”
Vattenfall
Swedish energy group Vattenfall has acquired a wind development project consisting of up to 79 turbines in the German North Sea. Currently under development, the Global Tech II wind project is located some 85 kilometres north of the island of Borkum and will cover an area of 47 square kilometres. The company said the acquisition was in line with its plans to “extensively expand its renewable energy production in the coming years.” The company added that it considered the new German tender system beneficial to wind energy development as it was more cost efficient.
Read Vattenfall’s press release in English here.
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