Our strategy
Renewable energies considered holistically
With our strategy, we consistently align PNE with the requirements of the future energy market.
Driving agility and profitability
To remain successful even under changing market conditions and to secure our competitiveness, after many years of growth we are placing a stronger focus on our core competencies, the most profitable markets, and the best projects. We have exited markets that do not meet our return expectations, or will do so. The goal is to systematically expand our strengths while becoming faster, leaner, and more agile in order to respond flexibly to market changes.
In addition to the strategic course-setting in our operating business, PNE is implementing a comprehensive transformation and cost-reduction program to make the company even more resilient and prepared for challenging market conditions. The measures include reducing overhead, personnel, and material costs as well as improving operational excellence and processes.
With our forward-looking strategy, we are therefore optimally prepared for the challenges ahead in the market.
Keeping the entire energy supply system in view
As a Clean Energy Solutions Provider, we cover the entire value chain of renewable energies. Our three business segments - Project Development, Power Generation, and Services - are at the heart of this. Thanks to our integrated business model, the business segments benefit from one another, create synergies, and provide the foundation for sustainable growth.
In Project Development, we have access to projects from the very first project phase and can therefore build up our own generation portfolio independently of the market without having to acquire projects at high cost. Through operating our own assets, we generate stable cash flows over the entire lifetime of wind farms and PV plants. In addition, our comprehensive service offering keeps us involved even after projects are sold, and repowering in turn gives us access to new projects.
From a technology perspective, we focus on onshore wind energy, photovoltaics, and battery energy storage systems (BESS). In addition, we will increasingly align our business with grid and system integration. Our focus is on integrated, systemic-oriented solutions, particularly for industrial customers. In doing so, we not only contribute to generating clean energy, but also take a view of the entire energy supply system. This increases security of supply overall, reduces system costs, and supports the successful expansion of renewable energies.
Expand our own power generation
Power Generation
Our owned generation portfolio is to be expanded further over time. The aim is to further establish PNE as an Independent Power Producer (IPP). Against the backdrop of the changed market environment, we are aiming for a balanced mix of portfolio expansion and project sales.
Our focus in the power generation segment is on the safe operation of our own wind farms and PV plants. By continuously optimizing the assets, we ensure high technical availability, thereby enabling the best possible marketing of the energy and ensuring an optimized earnings structure.
Expanding the project pipeline
Project Development
Our project development is based on many years of extensive expertise. We use this to further expand our pipeline while also making it more scalable. At the same time, we are further developing our project development activities by using consistent value engineering to develop high-quality projects that go beyond market standards and prevail successfully in tenders.
The focus is on the most profitable markets and on the technologies of onshore wind energy, photovoltaics, and battery storage (BESS). Other key building blocks for the future are grid and system integration as well as renewable solutions for industry. We continue to have expertise in offshore wind.
Services of all kinds
Projects in operational management
As a Clean Energy Solutions Provider, we offer our customers a comprehensive service portfolio along the entire value chain - from planning through to the operation of wind, PV, and battery energy storage systems projects (BESS).
This includes, among other things, commercial and technical operations management, wind & site services, technical inspections, grid connection planning, as well as the arrangement and negotiation of power purchase agreements (PPAs). A particular focus is on expanding operational management for battery energy storage systems. Following a successful market entry, we intend to consistently further develop this market of the future.
