We are motivated by clean and preserved Estonian landscape. We can only keep it as it is for future generations if we move to renewable energy sources. Our aim is to support green transition to tackle climate change.
Solar is one of the most sustainable and accessible energy sources. Since 2020 we have completed development and construction of more than 40MW of solar capacity. We have more than 744MW of ongoing projects around Estonia in different municipalities which will be completed by the end of 2024. We are also working to incorporate storage systems to provide electricity when the sun is not shining.
Estonia needs to significantly increase sustainable energy production to withdraw from fossil fuel energy and guarantee energy security. As a country we are aiming to increase renewable energy market share to 42%.
So far Estonia has around 320MW of onshore wind farms. Evecon pipeline of onshore wind farms in Estonia consists of more than 20 projects with production capacity over 600MW. Production from these farms helps us a lot closer to our green transition goals.
Estonia is aiming to produce as much as 9500 GWh of renewable energy to match our consumption. To reach this goal more than 7000GWh of renewable energy needs to be produced. Most of it must come from wind farms so it is a necessity to develop at least 1GW of onshore wind farms.
Key to every development is having productive partnerships. We value our partners in cleaner and more sustainable energy production.
We are giving our utmost that our developments have as little effect as possible on communities and our renewable assets fit into surrounding environment.
We include local communities in planning process and try to meet their needs in every development. We are taking care that locals would benefit from production assets near their homes.
On top of producing clean energy, we are committed to contribute revenue sharing to local municipality budgets or community endeavours through non-profit organisations. With wind farms we will provide compensations for direct neighbours. Additionally, we are contributing 0.6% of our annual sales revenue to community development via local municipality
