A wind energy installation includes a wind rotor, a double-fed asynchronous generator driven by the wind rotor, a converter provided with a first part on the generator side connected to a rotor and a second part on the network side connected to a stator of the generator, and a control device providing converter regulation. A mode selector can be switched between a normal operating mode and a reduced voltage operating mode, in which the excitation of the generator is reduced compared to the normal operating mode. The under-excitation produces an additional reactive current, thus reducing the rotor voltage. The rotor voltage can be limited even when the load is high and the network frequency or voltage is incorrect. The usable rotation speed range of the wind energy installation can be extended to provide a more powerful generator with a higher rating, without changing the converter.