Netherlands-based construction and engineering company, Ballast Nedam, a unit of Renaissance Construction, has announced plans to expand its renewable energy business. In a statement issued, the company said it aims to increase its activities in the sector via new utility-scale solar park and onshore wind farm projects.
A spokesperson told pv magazine that Ballast Nedam is currently developing four solar parks with a combined capacity of around 50 MW, which are planned to be built at unnamed locations in the Netherlands between 2018 and 2019. These projects, the spokesperson said, will result in a financial turnover of approximately €50 million.
The company, which has so far built only commercial PV systems, added it is also planning to install floating PV plants.
Commenting on the news, M&E director Arno Uiterweerd said, “Ballast Nedam strongly believes in the shift towards a portfolio of renewable energy sources, including large-scale solar … We are familiar with all aspects of project development, from landlease and permits, to financial structuring and stake-holder management and inhouse design- and engineering department.”
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.