Eurowind Energy, a Danish company specializing in the development, construction, and operation of renewable energy parks, seeks to strengthen its position in the renewable market by driving a 57 GW project portfolio.
Currently, the company operates in 16 markets across Europe and the United States, with Germany, Poland, Romania, and Denmark as its main hubs. It manages 1.3 GW of wind and solar parks, which generated over 2.2 TWh of clean energy in the 2022-2023 period — enough to power more than 500,000 European households.
Joachim Steenstrup, Eurowind Energy’s Global Head of External Affairs and Strategy, states that the company aims to achieve an operational portfolio of 14 GW in onshore wind and solar energy by 2030. To reach this goal, Eurowind Energy is advancing more than 50 new construction projects slated for development over the next two years.
“We are constantly exploring and testing new technologies and working toward our Energy Parks ambitions, which benefit from the integration of various technologies, including biogas, batteries, and PtX, to meet our goal of balancing renewable energy production,” Steenstrup told Energía Estratégica España.
Progress in 2024
Despite the volatility in European energy markets during 2024, Eurowind Energy has maintained a strong strategy.
Between 2023 and 2024, the company significantly increased its project portfolio by 56%, reaching 54 GW by mid-2024. “We expect to sustain strong growth in 2025 but will also focus on maturing our current portfolio. The most significant portfolio growth has been observed in Eastern Europe and the Baltic countries,” company representatives stated.
The portfolio includes projects at all stages, from greenfield development to ready-to-build, as well as strategic partnerships. It spans multiple technologies, including solar PV, wind, biogas, batteries, and hydrogen production through Power-to-X.
“The dominant countries in the portfolio remain Denmark and Poland, although we are seeing other countries, such as Romania, develop significant portfolios and start construction on some of these projects during this fiscal year,” added the representatives from Eurowind Energy.
Future Outlook
Eurowind Energy maintains an optimistic outlook for the future of the renewable energy market. The company aspires to become part of the next generation of ‘Power Majors,’ comprised exclusively of renewable energy and covering the entire value chain, from project development to green energy sales.
Steenstrup remarked: “We look to the future with great positivity and expect to maintain a high level of activity.”
Furthermore, the executive emphasized their intention to continue expanding the technological diversification of their project portfolio, investing in innovative technologies such as biogas, batteries, and Power-to-X.
“The company is always looking to optimize its projects by considering factors such as access to grid connection points and opportunities to combine wind and solar for hybrid parks, or to develop PtX projects,” he noted.
“With a strong and more diversified portfolio, alongside technical expertise, we believe the Group has a solid foundation for the coming years, which will see more changes in settlement systems and auction schemes implemented in several countries,” he concluded
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