wpd in Iceland

Development of sustainable energy, advanced know-how, technological innovation, integration with the territory and local communities: These are the key factors thanks to which wpd, present in Iceland since the beginning of 2022, has also become in Germany and other countries one of the reference companies in the sector of renewable energy, in particular wind power.

In summer 2022, the company wpd Ísland ehf. was established in Reykjavík with the main objective of developing, constructing and operating onshore wind projects in Iceland. Strengthened by the experience of 30 successful years of the wpd Group, wpd Ísland ehf. is developing “green field” projects, together with local communities and Icelandic partners.

Combining on the one hand the financial, managerial and technical skills of wpd and on the other the development of wpd’s Icelandic projects, wpd Ísland ehf. stands as the ideal industrial partner to face the change of the renewable energy sector in Iceland.

We use the wind power to provide autonomous and sustainable electric power throughout Iceland.

By prioritizing co-operation with local communities, such as the development of local industry and co-existence with local cultures and traditions, we contribute to improving living standards in the future.

wpd is a reliable partner for the development, financing, construction and management of wind farms. Founded in Bremen in 1996 as a medium-sized company, wpd now operates in 31 countries with over 4,000 professionals and is playing a leading role in increasing the share of renewable energy as well as in climate protection.

In Germany, wpd has risen to the leading position in the expansion of land based wind farms. For years, wpd has had a first-class A credit rating from a member if Allianz Group, Euler Hermes. This external credit evaluation highlights wpd’s potential that is based on permanent stability and past achievements.

Wind energy projects are complex feats of planning. wpd supports onshore projects across all phases to ensure that targets are hit and profitability guaranteed.

Solar energy constitutes a further important contribution towards the success of the energy turnaround. wpd is also operating worldwide in this growing market and expanding its portfolio.

6,670 MW
installed capacity
4,000
members of staff
Project pipeline of
19,320 MW
wind onshore
2,750
wind turbines erected
31
countries worldwide
Project pipeline of
5,015 MW
photovoltaic