Germany’s ambitious renewable energy plans continue to progress as the German company juwi has signed a contract to form a joint venture with the Austrian electric utility Verbund AG, also heavily involved in renewable energy sources.
Matthias Willenbacher, the CEO of juwi, said that Verbund “is fully committed to renewable energy and already generates 90 percent of its electricity from renewable sources.” It provides a good partner for large scale renewable energy projects.
The two companies will cooperate on the development of major wind farms in the in Rhineland-Palatinate, which includes projects in Ellern, Seibersbach, Dörrebach and Dichtelbach (in the Hunsrück) and in Stetten.
