12.06.2024
Source: Energie & Management Powernews
Iqony Sens is the abbreviated name under which Steag's green energy division will bundle its wind energy and solar power projects in future. The business units were previously separate.
In future, Iqony, the green energy division of power plant operator Steag, will no longer differentiate between solar and wind. On May 30, the company merged its solar and wind energy divisions under the name Iqony Sustainable Energy Solutions GmbH, or Iqony Sens for short.
In a company press release, Andreas Reichel explains the change of name with the aim of becoming "one of the leading European producers of renewable energy". The CEO and Labor Director of Steag and Iqony believes that he will be able to work more efficiently in the areas of onshore wind energy and ground-mounted solar energy with just one business unit. In addition, the Asterion investment in Steag (we reported) supports new investment projects.
Iqony Sens is headed by the two managing directors Andre Kremer and Joel Wagner. With the reorganization, Iqony Sens is also changing its previous focus. Until now, Iqony has mainly been active in the area of individual solar systems. In conjunction with larger wind energy projects, the company wants to "provide significantly more base load-capable electricity", according to Joel Wagner.
Award for 61 MW wind farm in the Ländle
The business model is based on two pillars, it continues. The Independent Power Producer (IPP) division bundles project development and management. Iqony's trading division then markets the surplus of its own green electricity. The other pillar consists of detailed planning and control, procurement, execution of construction and installation work (EPC) as well as operation and maintenance (O&M) of the wind and solar power plants.
The role of integrated plant operator and energy producer is new for Iqony Sens. The company plans to quadruple its current capacity (250 MW) to 1,000 MW by 2030. The first projects are already in the pipeline. Iqony has been awarded the contract for the Mosbach wind farm in the Neckar-Odenwald district of Baden-Württemberg, where turbines with a total capacity of 61 MW will be installed.
A solar project in Wensickendorf, a district of Oranienburg in Brandenburg, will generate just over half of this (32 MW). The EPC project is aiming to produce 33 million kWh of green electricity per year, which would avoid the emission of 5,500 tons of CO2.
Author: Volker Stephan
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