EMERGY

SUSTAINABLE STORIES

Sustainability is our Legacy

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Welcome to EMERGY

EMERGY is a Scandinavian organization with track record of building more than 300MW of onshore wind projects in challenging markets. Our strategy is to build a major Independent Power Producer (IPP), with a geographical focus on selected growth markets in Southeast Europe (SEE).

We currently have more than 2 GW of wind and solar projects in development (Greece, Romania, Serbia and Ukraine and are actively looking to expand further in the SEE- region. Our strategy is to bring 2 GW to Financial close and 700 MW into operations by the end of 2025.

The political situation in Europe, with a fundamental drive to install significant new renewable capacity, is supporting our strategy. Onshore wind and solar projects enable countries to reduce their dependency on traditional resources such as gas, oil, and coal. The associated high-power prices also allowing us to engage actively in the management of unsubsidized assets. This strategy is supported by a strong management team with significant international experience throughout the whole value chain. We hold a world-class approach to ESG, including a professional and active Stakeholder Engagement Program. This is the backbone to our strategy of creating Sustainable Stories.

A special consideration is to be made to our 800 MW project in Ukraine, which is postponed due to the current political situation. We do however plan to reengage as soon as the war ends.

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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Did you know this about wind?

In Greek mythology, the Anemoi were four wind gods, creating wind from the four compass points.