Glotesvalen is a 90MW onshore wind power project. It is located in Jamtland, Sweden. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in November 2014.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 90 90 Active Jamtland, Sweden OX2; Peas Industries

Description

The project was developed by OX2 and Peas Industries. The project is currently owned by IKEA GreenTech with a stake of 100%.

The project generates 220,000MWh electricity and supplies enough clean energy to power 48,000 households, offsetting 176,000t of carbon dioxide emissions (CO2) a year. The project cost is $135m.

Development Status

The project is currently active. The project got commissioned in November 2014.

Contractors Involved

Peas Industries was selected to render EPC services for the wind power project.

Vestas Wind Systems was selected as the turbine supplier for the wind power project. The company provided 30 units of V90-3.0 MW turbines, each with 3MW nameplate capacity.

Vestas Wind Systems is the O&M contractor for the wind power project for a period of 15 years.

About OX2

OX2 AB (OX2), formerly OX2 Wind AB, a subsidiary of Peas Industries AB, is a Swedish renewable energy company that develops renewable energy plant. The company develops, builds, finances and manages renewable energy plants.

About Peas Industries

Peas Industries AB (Peas Industries) is focused on building meaningful, resilient and profitable companies to integrate people’s needs with integrity. Peas Industries is headquartered in Stockholm, Sweden.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.