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SOWITEC group wins bid for 30 MW wind power project in Grabenstetten

EQS-News: SoWiTec group GmbH / Key word(s): Miscellaneous
SOWITEC group wins bid for 30 MW wind power project in Grabenstetten

03.05.2023 / 12:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


SOWITEC group wins bid for 30 MW wind power project in Grabenstetten

Sonnenbühl, 3 May 2023 – SOWITEC group (SOWITEC), one of the leading developers of renewable energy projects in the wind and solar sectors, is pushing ahead with its activities in Germany. The company has already been selected by the municipal council in Grabenstetten as a partner for a 30 MW wind power project in a preliminary procedure. Subsequently, a residents’ information event and a municipal council meeting were held, in which it was decided, among other things, to lease the requested areas to SOWITEC for the construction of four wind turbines and a 10 MW ground-mounted photovoltaic plant. The urban development contract required for this is to be concluded in May. SOWITEC intends to develop the 30 MW wind power project to ready-to-build stage by presumably 2025. The four wind turbines will produce enough green power to supply approximately 25,000 households.

Frank Hummel, CEO of SOWITEC group: “We are very pleased to have won the contract for the realization of the wind power project in Grabenstetten. This proof of confidence enables us to significantly expand our activities in Germany as planned. We intend to secure further wind power and photovoltaic projects in our home market this year.”

About SOWITEC:
As one of the leading global project developers for renewable energies, SOWITEC is active in 13 countries with a focus on the rapidly growing emerging and developing countries. With more than 140 employees, SOWITEC covers all areas of solar and wind power project development: from planning and design, yield and profitability calculations, construction support, sales and financing to technical and commercial management of wind and solar parks. More than 60 wind and solar projects developed by SOWITEC with almost 3,000 MW are currently in operation in eight countries.
www.sowitec.com

Contact:
Frank Ostermair, Linh Chung
Better Orange IR & HV AG
089/8896906-25
linh.chung@better-orange.de



03.05.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Language:English
Company:SoWiTec group GmbH
Löherstraße 24
72820 Sonnenbühl
Germany
Phone:+49 (0) 7128 3808-0
Fax:+49 (0) 7128 3808-38
E-mail:info@sowitec.com
Internet:www.sowitec.com
ISIN:DE000A2NBZ21, DE000A30V6L2
WKN:A2NBZ2 , A30V6L
Listed:Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:1623179

 
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1623179  03.05.2023 CET/CEST

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