Wind Power Expansion in Sweden - a New Market for DGE Group

Kalmar, Sweden - On a national level, Sweden has set out to decrease CO₂ emissions by 4% between 2008-2012. To achieve this, a dramatic expansion of the wind power segment will be essential. The general goal is to increase wind power production from about 2 TWh per year today to 30 TWh by 2020. This entails that the number of wind turbines will have to increase from about 1,000 up to 3,000-,000 depending on size.

DGE Group is currently assisting one of Sweden's leading wind farm developers, Eolus Vind AB, through permission processes and environmental assessments in several projects in southern Sweden. Together, these projects cover 25 wind turbines, which will generate 125 GWh annually. Further projects are in the pipeline. During the financial year 2008-2009, Eolus established 29 wind turbines with an installed power of 48 MW in total. Over the coming years, Eolus expects to establish about 50 turbines per year. Eolus is listed on the on the unofficial market place NASDAQ OMX in Stockholm and had 1700 share holders in August 2009.

For further information contact Lina Kristoffersen, PhD, lina.kristoffersen@dge.se