Germany-based wind farm developer has confirmed it is investigating building up to 300MW of onshore wind farms in the UK, but has downplayed reports that it could invest up to £500m over the next three years through its British subsidiary.

Reports over the weekend said that the company’s British subsidiary, PNE Wind UK, has established an office in London and is preparing to invest about half a billion pounds in building a portfolio of wind farms.

However, PNE spokesman Rainer Heinsohn told BusinessGreen.com that while the company was targeting the UK market for expansion, it was too early to determine how much it will invest.

„We are looking at more than 10 sites, all of which are onshore,” he said, adding that PNE Wind UK had been quietly working on the expansion plans for the past two years. „But first we have to develop the project proposals and then get the planning permits before we can announce more details.”

He added that the company was aiming to build up to 300MW of wind energy capacity, potentially making it one of the larger players in the UK’s wind energy market. But he also revealed that it would take between five and six years to obtain all the necessary permits.

PNE Wind is fast emerging as one of Europe’s leading wind energy developers. The company, which is based in Cuxhaven, Germany, currently employs only 135 people, but posted revenue of more than €137m (£117m) last year and has a presence in Hungary, Bulgaria, Turkey, Romania, the US and Canada, as well as Germany and the UK.

Overall, the company has completed 94 wind farm projects with a total nominal output of about 782MW worldwide, and has more than 5,700MW of onshore and offshore wind farm capacity in development.

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PNE Wind reveals plan to join UK wind energy gold rush

Germany-based wind farm developer has confirmed it is investigating building up to 300MW of onshore wind farms in the UK, but has downplayed reports that it could invest up to £500m over the next three years through its British subsidiary.

Reports over the weekend said that the company’s British subsidiary, PNE Wind UK, has established an office in London and is preparing to invest about half a billion pounds in building a portfolio of wind farms.

However, PNE spokesman Rainer Heinsohn told BusinessGreen.com that while the company was targeting the UK market for expansion, it was too early to determine how much it will invest.

„We are looking at more than 10 sites, all of which are onshore,” he said, adding that PNE Wind UK had been quietly working on the expansion plans for the past two years. „But first we have to develop the project proposals and then get the planning permits before we can announce more details.”

He added that the company was aiming to build up to 300MW of wind energy capacity, potentially making it one of the larger players in the UK’s wind energy market. But he also revealed that it would take between five and six years to obtain all the necessary permits.

PNE Wind is fast emerging as one of Europe’s leading wind energy developers. The company, which is based in Cuxhaven, Germany, currently employs only 135 people, but posted revenue of more than €137m (£117m) last year and has a presence in Hungary, Bulgaria, Turkey, Romania, the US and Canada, as well as Germany and the UK.

Overall, the company has completed 94 wind farm projects with a total nominal output of about 782MW worldwide, and has more than 5,700MW of onshore and offshore wind farm capacity in development.

We are currently looking to recruit a senior contaminated land consultant for an award winning international…

Acoustic Consultant – Warminster KAL1391 An urgent and exciting opportunity has arisen within a world renowned acoustic…

Acoustics Consultant – Maidenhead KAL1391 Our client is an extremely successful, leading, specialist Acoustic Consultancy…

Read the article on Business Green

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