EDF Renewables has acquired a 300MW wind power project portfolio under development in Germany by local company Altus.
Altus will continue developing the projects in close collaboration with EDF until construction commences.
The wind farms will be commissioned over the next five years.
The projects are in various stages of development, though in each case land leases have been concluded and environmental studies are now underway.
After obtaining all the required authorisations, the schemes will participate in tenders run by the federal government.
The news is well-timed, as Germany’s energy regulator has indicated it will support a review of legal procedures and red tape by the economy ministry following onshore wind turbine construction dropping a massive 82% to 287MW in the first half of 2019, threatening the country’s goal, which is to have renewable energy sources supply 50% of its electricity by 2030.
Jochen Homann, president of Germany’s Bundesnetzagentur authority told Reuters “We are convinced that the expansion towards 65% of renewable power on the grids by 2030 can only be reached if the expansion of onshore wind is revived,
“Further talks have been agreed,” Homann said in an interview.
The acquisition of these onshore wind projects is part of EDF’s strategy to develop, build, own and operate energy plants in Germany over the long term. The country is a “major market”, where EDF aims to become a “significant wind energy player” by 2030, it said.
EDF Renewables’ international operations executive vice president Frederic Belloy said: “This transaction gives EDF Renewables the opportunity to strengthen its positions in terms of project development in Germany, a country whose objective is to increase the share of renewables to 65% electricity consumed by 2030.”
EDF already operates more than 580MW of wind capacity through subsidiaries.
The portfolio acquisition in Germany forms part of the company’s strategy, which aims to double between 2015 and that year its renewable capacity in France and globally.