EMERGY

SUSTAINABLE STORIES

Sustainability is our Legacy

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Welcome to EMERGY

EMERGY AS is building a major independent power producer (IPP) for large-scale onshore wind farms in selected growth markets in Southeastern Europe increasingly pushing the frontiers in by engaging actively in the acquisition and management of unsubsidized assets.

EMERGY aims to bring 2GW to Financial Close (FC) by the end of 2025 with 700MW in operation supported by a strong management team with significant international experience throughout the value chain and with a world-class approach on ESG and sustainability in the different phases of a project.

By incorporating all factors that influence a wind project, we are anticipating and managing risks, which results in more successful projects. Our focus on CRS helps maintain our license to operate through a professional and active Stakeholder Engagement Program contributing to create a higher shareholder value and is the backbone of creating Sustainable Stories.

The high power prices and the political situation in Europe strengthen the focus on renewable energy. On shore wind farms enable people to reduce their dependency on traditional resources such as gas, oil and coal, which is conducive to the global fight against climate change. The use of wind power helps secure a better environment and a green future.

The portfolio consists of projects throughout the entire development phase where Serbia holds the most advanced. The projects in Greece and Romania under development.

A special consideration is to be made to our 800MW project in Ukraine which is postponed due to the current political situation, but  will be reengaged as soon as the situation is stable.

EMERGY`s focus is, and has always been people, development, value creation and sustainability.

NBT becomes EMERGY!

We are very proud to introduce our new name.

Our new logo.

A name that strengthens our identity going forward.

In the spring of 2021, we embarked on a new phase in the history of the company and decided to change our name from NBT to EMERGY. With our ambition, we wanted a name that echoed what we are doing and who we are: A developer of renewable energy in emerging markets, also defined as high growth markets.

 

We crystallise our efforts in markets that seek to develop more renewable energy which – implies increased demand for wind power. That is exactly what the name indicates!

 

Why EMERGY?

EMERGY gives a clear association with the word energy. Energy of the sustainable and renewable kind.

EMERGY signals a strategy for sustainable and renewable energy

EMERGY is a physical term:  The unit of EMERGY is the emjoule, a unit referring to the available energy of one kind consumed in transformations.

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A story driven by strong belief

In mid-2000s, a group of Norwegian entrepreneurs wanted to devote their efforts in the...

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The story of Wind

What:

Wind turbines first emerged more than a century ago. Following...

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Where we are

Our current land based wind farms.

EuropeMap Emergy EuropeMap Emergy EuropeMap Emergy
South-East Europe

Our strategy is to build an IPP (Independent Power Producer) in Southeastern Europe.

The geopolitical consequences of Europe erecting a “green curtain” to countries that we champion would be significant. The International Renewable Energy Agency (IRENA) has described this area as a substantial, largely untapped renewable energy potential and finds that the region has a vast technical renewable energy potential of 739 gigawatts (GW) with wind energy being the most abundant resource. The work to match the EU ambitions agenda is severe as most of the trade is influenced with European taxations which will influence the price of goods and services.

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To accommodate this, EMREGY is working efficiently in this area with a large pipeline. The goal of preparing 2GW for Financial Close in 2025, as well as having 700MW in operation is unambiguous, and in this way, we will reach our goal in being an important supplier of renewable energy.

“South Eastern Europe has a tremendous potential for renewable energy”

IRENA’s Director-General Francesco La Camera.

“Renewables can reduce the region’s energy bill to the benefit of citizens and industry while improving energy security, air quality and aligning the region with long-term decarbonization goals of the Paris Agreement. Renewables also provide countries with a cost-effective way out of fossil fuels and towards a modern, resilient, and sustainable energy future. The benefits from investing in renewables at this time of recovery are significant – for the economy, for the consumers and for the environment. As highlighted by IRENA, focusing on solar, wind and hydro power would create local green jobs and allow the region to gain from closer energy cooperation”.

Kadri Simson, European Commissioner for Energy added:

Achieving the shift to modern, clean, competitive, and regionally integrated energy systems will require decisive policy action at national and regional levels. The development of a long-term vision in national plans is key and can be an important first step. But the mobilization of the required investments will also depend on adopting appropriate regulatory and market frameworks. Closer cooperation with neighbors could also help to reduce costs and tap the synergies of a regional approach.

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Windmills have been in use since 2000 B.C. and were first developed in Persia and China