German renewables firm Baywa r.e. AG on Wednesday stated that it plans to develop its wind farm portfolio within the Asia Pacific (APAC) area in 2023, the place it’s already growing gigawatts of initiatives.
The corporate is a greenfield developer with places of work in Thailand, Vietnam, Philippines, Japan, Korea, Malaysia and Australia, however it won’t rule out co-development partnerships and venture purchases to hold out its enlargement technique.
“Our team welcomes any project opportunities and are open to market information from various industry sources to provide our superior services,” stated Brian Barry, Head of Wind Asia, BayWa r.e.
At current, Baywa r.e. has round 4 GW of wind initiatives in varied levels of improvement in Australia, “several hundred” megawatts ongoing in South Korea, over 300 MW in Vietnam and early-stage initiatives within the Philippines.
Baywa r.e. stated that it expects to start out building of its first venture in Thailand in 2024. Proper now, it’s awaiting outcomes for very small energy producer (VSPP) initiatives that certified for the present Thai feed-in-tariff tender.
As soon as the deliberate wind farms turn out to be operational, the APAC belongings might probably generate greater than 15 TWh of electrical energy per 12 months, which might be sufficient to energy over 2 million households within the area, in response to Baywa r.e.
Select your e-newsletter by Renewables Now. Be part of free of charge!
