RES celebrates 40 year milestone
by RES | Dec 06, 2021 | Reading time: 2 min
Leading independent renewable energy company RES is celebrating its 40th anniversary. The privately-owned UK company has seen exceptional growth over the last four decades. From a small team of wind energy pioneers in the 1980s, RES has grown into the world’s largest independent renewable energy company and employs more than 2,000 people across 10 countries.
After delivering its first wind farm with an installed capacity of 6MW, RES has gone on to develop and construct more than 22GW of renewable capacity. Including Southern Oak, one of the largest bi-facial solar projects in the US, Björnberget Wind Farm in Sweden using 60 turbines, each with greater capacity than RES’ first wind farm and Murra Warra – the largest onshore wind farm in the Southern hemisphere.
Eduardo Medina, RES CEO, commented: “Over the last 40 years renewable energy has moved from the margins to the mainstream and RES has been there every step of the way. Now a truly global company, our vision for a future where everyone has access to affordable zero carbon energy remains steadfast.”
“RES’ culture is the key to our success, built on a strong heritage of family ownership and a shared purpose. Following a capital raising exercise in October, we look forward to starting our 40th year poised for further growth across all our markets.”
RES has played a pivotal role in the success of renewables and has seen its development and construction portfolio double in the last five years. Alongside development and construction, RES is a major provider of support services (asset management and O&M) to the global renewables market working with some of the largest renewable assets owners and operating 7.5GW of assets across wind, solar and storage.
Notes to editors:
RES is the world’s largest independent renewable energy company active in onshore and offshore wind, solar, energy storage and transmission and distribution. At the forefront of the industry for 40 years, RES has delivered more than 22GW of renewable energy projects across the globe and supports an operational asset portfolio exceeding 7.5GW worldwide for a large client base. Understanding the unique needs of corporate clients, RES has secured over 1.5GW of power purchase agreements (PPAs) enabling access to energy at the lowest cost. RES employs more than 2,000 people and is active in 10 countries. For more information, visit www.res-group.com