Vattenfall has split its wind business into three units covering offshore, onshore and for the first time photovoltaic and battery storage.
The Swedish company said the newly-formed organisation started operations from 1 July.
“The changes will enable and support further growth both in terms of projects and people,” Vattenfall said.
Vattenfall head of wind Gunnar Groebler said: “An important new pillar of Vattenfall’s renewable strategy is the formation of the business unit photovoltaics and battery.
“In the upcoming two years Vattenfall plans to invest up to €150m in in large scale as well as decentralized PV and battery projects.
“With the creation of a lean business model with product lines in order to create dedicated end-to-end-processes and business that can respond to different markets, we take the logical next step to fulfil our ambitious targets.”
Michael Simmelsgaard is head of the offshore unit, Sandra Grauers-Nilsson leads the onshore group and Claus Wattendrup is in charge of the new photovoltaic and batteries division.
Image: Vattenfall
Vattenfall rejigs renewables
Photovoltaic and battery business unit joins onshore and offshore wind
By EBS