GreenLab Skive Wind Project, Denmark

GreenLab Skive Wind Project is a 54MW onshore wind power project. It is planned in Central Denmark, Denmark. The project is currently in permitting stage. It will be developed in multiple phases. Post completion of the construction, the project is expected to get commissioned in 2022.

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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.

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Project Type	Total Capacity (MW)	Active Capacity (MW)	Pipeline Capacity (MW)	Project Status	Project Location	Project Developer
Onshore	54	–	54	Permitting	Central Denmark, Denmark	Eurowind Energy

Description

The project is being developed and currently owned by Eurowind Energy.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2022.

Contractors Involved

Vestas Wind Systems is expected to render EPC services for the wind power project.

GreenLab Skive Wind Project (GreenLab Skive Wind Project Phase I) will be equipped with Vestas Wind Systems V126-3.45MW turbine. The phase consists of 1 turbine with 3.6MW nameplate capacity.

GreenLab Skive Wind Project (GreenLab Skive Wind Project Phase II) will be equipped with Vestas Wind Systems V136-4.2 MW turbines. The phase consists of 12 turbines with 4.2MW nameplate capacity.

Vestas Wind Systems is expected to perform operations and maintenance for the wind power project for a period of 20 years.

About Eurowind Energy

Eurowind Energy AS (Eurowind Energy) is an alternative energy company that invests and develops renewable energy projects. The company acquires and develops solar energy projects, photovoltaic projects, and wind turbine projects. Eurowind Energy operates and provides projects services such as investment, repowering, technical and commercial management services, among others. The company also provides assessment, project development, and project construction, operation and maintenance services, among others. Eurowind Energy offers its services to private investors, utility and general companies. The company provides its services in Denmark, Romania, Germany, and Poland and has its operations in Germany and Denmark. Eurowind Energy is headquartered in Hobro, Denmark

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.