PROKON

Prokon is Europe's largest energy cooperative, headquartered in Itzehoe, Germany. With a history spanning nearly three decades, the organization has evolved from a small engineering office to a leading player in renewable energy. Prokon operates 400 wind turbines across Europe and has recently expanded into solar energy and battery storage, aiming to double its energy production to two billion kilowatt hours by 2030. The cooperative model allows its 40,000 members to actively participate in shaping the organization's future. Members can purchase shares, starting at 50 euros, and benefit from attractive dividends, typically ranging between 3 and 5% annually. This financial involvement also grants members a say in the cooperative's decision-making process through the general assembly, where each member has one vote. Prokon's focus on local value creation is evident in its project development approach. The organization prioritizes regional development by directly connecting local businesses and industrial customers to its renewable energy sources. Landowners are offered fair lease agreements with revenue sharing, ensuring a reliable source of income without financial risk. The cooperative's commitment to sustainability is underscored by its goal of achieving an energy supply from 100% renewable sources. With a broad positioning along the value chain and expansion into other countries, Prokon aims to distribute risks and ensure a stable future for its members and the environment. Through its work, Prokon demonstrates a practical approach to driving the energy transition forward.