Power Company Leag to Build Germany’s Largest Renewable Energy Center
Leag, which previously specialized in coal, says it will convert 33,000 hectares of strip-mine land in the eastern region of Lusatia into a gigantic site for wind parks and solar farms. The announcement was made on September 29 at the Eastern German Energy Forum in Leipzig.
The EUR-ten-billion-plus “gigafactory” is to include a solar facility with 1.5 million modules, capable of producing a gigawatt of electricity annually in the coming three to four years.
The project has set a target by 2030 of seven gigawatts of electricity, enough to supply four million households with green electricity. The goal is also to double the amount of power generated to 14 gigawatts by 2040. Leag says initial planning for the facilities is already underway.
The gigafactory is the latest in a series of major business investments in the sector in this part of eastern Germany.
“The Leag gigafactory is a perfect embodiment of Germany’s ongoing transition to clean energy,” says Robert Hermann, CEO of Germany Trade & Invest, the country’s international business promotion agency. “The Lusatia region in the eastern regional state of Brandenburg is quickly developing into a hotspot for renewable energy and electric mobility. Businesses that set up shop in the region can profit from this dynamic, future-oriented environment.”
CEO Thorsten Kramer announces the “gigafactory” project © LEAG
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