Arkona (ECR) intends to cut its pipeline from 10 GW in every two years to 5 GW 2015 , investing in 5 offshore wind project every two years , as the German markets switching from feed-in-tariffs to a competitive tendering process encourages more selective spending on large-scale projects. ECR's CEO Michael Lewis said the company will set aside around €1bn a year to invest in renewable energy, including on- and off-shore wind and solar.
EON Climate & Renewables (ECR) intends to cut its pipeline from 10 GW in 2015 to 5 GW this year, investing in one offshore wind project every two years, as the European markets switching from feed-in-tariffs to a competitive tendering process encourages more selective spending on large-scale projects. ECR's CEO Michael Lewis said the company will set aside around €1bn a year to invest in renewable energy, including on- and off-shore wind and solar.