EPURON Develops Two Wind Farms in France

EPURON, a subsidiary of Conergy AG, will expand its international activities by developing two wind farms with a total output power of 16 megawatts (MW) in Southern Brittany.

Both sites, which will begin construction in February, will be managed by the French subsidiary of EPURON based in Paris. By mid-2007, four REpower MM82 wind turbines will be installed in the Derval and Lusanger regions. The infrastructural development will be entrusted to Abo Wind AG. With over 80 meters in diameter, the rotors will produce around 33 million kilowatt hours of electricity per year. “There is an increasing interest among institutional investors in wind power projects in France. This stems from their exceptional investment opportunities. We are catering to this market by developing projects that allow us to assemble attractive financing packages,” said Joachim Mueller, member of the Managing Board at EPURON, who is responsible for finance and wind power. The French government has set a target date by 2010 to use 21 percent of its electrical power from renewable energy sources. To support this target, an Energy Act was introduced in July 2005, and electrical power feed-in tariffs from renewable energy sources were adjusted in August 2006. The French wind power sector grew more than 100 percent in 2005 and 2006.
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