The energy supplier SachsenEnergie plans to invest more than 500 million euros in the new year. The money will primarily go towards grid expansion, decarbonization and the expansion of the telecommunications network, as the company announced in Dresden on Friday. The largest sum - around 200 million euros - is planned for the expansion of the electricity grids. A good 130 million euros are earmarked for measures to move away from carbon-based energy sources (decarbonization) and the expansion of renewable energies. Another focus is the expansion of fiber optics for 130 million euros.
"We have Saxony in our name and want to be there for Saxony. That's why SachsenEnergie will be offering electricity and natural gas throughout the state with immediate effect. We will also be offering fast internet almost everywhere in Saxony in future," announced CEO Frank Brinkmann.
According to the company, a new "Naturkraft" division was founded at the beginning of the year. It is intended to bundle expertise in the field of renewable energies. The aim is to build up four to five terawatt hours of green energy generation by 2040. SachsenEnergie currently operates 26 wind turbines in six wind farms across the country with a total output of around 67 megawatts. The sun's energy is captured by 51 photovoltaic systems.