DGAP-News: ENCAVIS AG
/ Key word(s): Development of Sales/Sustainability
Encavis AG increases green electricity production by 29% in 2020
The full-year effect of the acquisitions of further wind and solar parks was responsible for the strong increase. An effect that will be even stronger in the current fiscal year 2021 in particular, after the two Spanish large-scale PV projects Talayuela (300 MWp) and La Cabrera (200 MWp) will contribute green electricity for the first time in their full-year production in 2021.
Encavis makes a significant contribution to sustainable and climate-friendly energy supply through the generation of electricity from renewable sources. In 2020, the renewable energy generated by the Encavis Group through the use of photovoltaic and wind power alone avoided the emission of more than 1.25 million tons of CO2, which is harmful to the climate.
"Despite the relatively average weather conditions for solar and wind power in many parts of Europe in the past year, the high availability of our plants in contrast, have again enabled Encavis to make a record contribution of CO2 savings to the carbon footprint," Dr. Dierk Paskert, CEO of Encavis AG, affirmed the company's power production figures. "We will expand our portfolio internationally in line with our >>Fast Forward 2025 growth strategy and further improve our operational efficiency and performance to be able to report very good results in the future," Dr. Paskert underlined the Group's sustainable growth ambitions.
ENCAVIS is a signatory of the UN Global Compact as well as of the UN PRI network. Encavis AG's environmental, social and governance performance has been awarded by two of the world's leading ESG rating agencies. MSCI ESG Ratings awarded the corporate ESG performance with "AA"and ISS ESG with their "Prime" label.
23.02.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Große Elbstraße 59|
|Phone:||+49 4037 85 62 -0|
|Fax:||+49 4037 85 62 -129|
|Listed:||Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1170226|
|End of News||DGAP News Service|