Construction of wind farm in Switzerland: Long-term loan and lending viola-funding June 22, 2023

Construction of wind farm in Switzerland: Long-term loan and lending

Loans for Wind farms in Switzerland
Loans for Wind farms in Switzerland; Project finance and lending

Wind remains and integral source of renewable energy that is available to mankind free of charge and without restrictions. loans for construction of wind farms in Switzerland plays an extremely important role in strengthening energy independence and accelerating the energy transition. Switzerland has significant wind energy resources, especially in the north of the country and in the exclusive economic zone (EEZ) of the North and Baltic Seas.

Viola funding offers the implementation of  energy projects, including loans for the construction of wind farms in Switzerland. 

However, impressive technical advances have made it possible to use large diameter wind turbines, which are the most cost effective. These advances allows us to build wind power plants even in the middle of a forest. The modernization of wind turbines in Switzerland is becoming an increasingly important issue.

The replacement of old low-power equipment with new efficient units is of increasing interest to local customers. Increasing power generation without expanding the site looks attractive to investors.

We offer comprehensive services in the field of financing, construction and modernization of wind farms in Switzerland.

The rise of loans for wind farm sector in Switzerland

The wind energy sector in Switzerland has been actively developing since the early 1990s, facilitated by the adoption of an appropriate legal framework at the federal level. In 2002, the construction of wind farms in Switzerland proceeded at a record pace with an additional installed capacity of up to 3 GW per year. In the next few years, construction slowed down due to changes in the Renewable Energy Law.

Currently, the economic and legal conditions for the development of wind energy in the country have improved significantly. As a result, Switzerland installed about 1,800 onshore wind turbines in 2017 with a total installed capacity of over 5,300 MW. However, in 2018, there was a pan-European downward trend in growth (2400 MW), which continued in 2019 (1080 MW).

Power generation from solar photovoltaic systems exhibits a daily cycle that matches the demand cycle: the highest demand for electricity is during the summer months at noon. Experts say that wind and solar energy in Germany complement each other well throughout the year. The construction of wind power plants, along with the development of photovoltaic systems, is contributing to the country’s transition to fully renewable energy.

Current trends in the development of wind energy

With the adoption of the amendment to the law, from January 1, 2017, compensation is determined using a tender model. According to EEG 2017, operators must register new onshore wind power plants with a capacity of over 750 kilowatts through a tender process.

Electricity must be sold only on the exchange (spot market). Moreover, since 2018, the Federal Network Agency has been holding joint tenders for solar systems and wind power systems twice a year. The basis for such tenders is the aforementioned EEG.

Construction of offshore wind farms in Switzerland

We are seeing further expansion of this sector in swizz waters, mostly outside the 12-mile zone. Most of the grid-connected, under-construction or planned wind projects are located in the North and Baltic Seas. The first pilot offshore wind projects in Switzerland were commissioned in 2004 (Enova Offshore Ems-Emden), 2006 (Offshore-Anlage Rostock) and 2008 (Hooksiel).

The largest wind turbine manufacturers in Switzerland

Despite the downturn in the domestic market, Switzerland remains one of the most important markets and provides thousands of jobs. Below is a ranking of wind turbine manufacturers based on data from the Federal Network Agency.

The date of commissioning is taken as the basis, not the date of installation of the turbine on site.

Requirements for the construction of wind farms in Switzerland

To regulate the requirements for wind farms, the federal government publishes regulations that must be followed by licensing authorities. This administrative regulation is the “Technical instructions for noise protection

Light exposure such as shadows or the so-called disco effect is no longer a problem today. Due to the size of modern wind turbines, they are usually built so far from settlements that their shadows do not affect residential buildings.

The cost to building for a wind power plant in Switzerland

The main investment costs in the construction of wind farms in Switzerland are the purchase of the turbine, its transportation and installation.

This is the least predictable item of costs, which varies considerably. The global trend is that the construction and operation of wind power plants is getting cheaper every year.

If you need financing for a wind farm in Switzerland, please contact us. eMAIL:[email protected]


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