The news was announced on Tuesday (May 7), ahead of the company’s first-quarter earnings report next week.
EnBW says around 30% of the total planned investment by the end of 2010, or 13 billion euros, will be earmarked for the expansion of wind and solar energy, as well as hydrogen-enabled power plants to address supply shortages. told Monthly.
“By 2030 there should be around 5GW more renewable energy in operation, in our case around 1GW. 960MW He Dorite “In addition to offshore wind, we have approximately 1GW of onshore wind projects and up to 3GW of solar PV projects,” the spokesperson said.
EnBW added that investments in grid expansion of “system-critical infrastructure” will account for 60% of the total EUR 40 billion, while the remaining 10% will be allocated to electromobility and smart infrastructure.
EnBW reorganized its management team in March following the resignation of former Chairman of the Board Andreas Schell due to disagreements over the company’s strategic direction.
His successor was Georg Stamatotropoulos.
“Obviously, we will continue to adapt and revise our strategic objectives and plans as the current and future business environment changes. He talked about his investment plans.
EnBW said the “vast majority” of the investments associated with the 40 billion euro plan will be spent in Germany, with around 10% planned for other markets.
Stamatelopoulos emphasized the importance of a stable energy policy framework, clear investment conditions and prospects for long-term refinancing of investment funds.
