3U’s wind turbines no longer receive any income under the German Renewable Energy Act (EEG). The electricity generated is being commercialised by way of individual  power purchase agreements (PPAs) with utilities. The 3U Management Board was able to secure favourable conditions for electricity deliveries in 2022 and in some cases already for 2023, thanks to which average revenues above the former feed-in tariff will be achieved.

“Obviously, the business of electricity generation from wind and sun is dependent on the weather conditions. But becoming independent of fossil fuels: That is crucial to combating climate change. At the same time, the further expansion of renewable energies is also the key to energy self-sufficiency, to greater independence from coal, oil and gas supplies from abroad,” Uwe Knoke, CFO of 3U HOLDING AG, is convinced. “Within the scope of our possibilities, we at 3U are also making our contribution to achieving these goals.”

3U HOLDING’s portfolio includes 3 wind farms with a combined nominal capacity of around 43 MW, a photovoltaic power plant with a nominal capacity of around 10 MWp, as well as a number of smaller solar power plants.