Lukovac Wind Farm, Croatia

Lukovac Wind Farm is a 48.75MW onshore wind power project. It is located in Split-Dalmatia, Croatia. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in 2018.

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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	48.75	48.75	–	Active	Split-Dalmatia, Croatia	Enlight Renewable Energy; WPD Enersys

Description

The project was developed by Enlight Renewable Energy and WPD Enersys. The project is currently owned by Enlight Renewable Energy with a stake of 90%.

The project cost is $97.354m.

Development Status

The project is currently active. The project got commissioned in 2018.

Contractors Involved

Enercon was selected as the turbine supplier for the wind power project. The wind power project consists of 16 turbines.

About Enlight Renewable Energy

Enlight Renewable Energy Ltd (Enlight Renewable) is a renewable energy company that invests, develops, finances, constructs, operates and manages electricity production projects from renewable energy sources. The company develops photovoltaic technology by which solar energy is converted to electrical energy using solar panels. It also operates wind turbines which converts the kinetic energy from wind into electricity. Enlight Renewable undertakes and develops various solar energy, wind energy and hydro power projects. The company’s project portfolio includes Haluziot, Idan, Mivtachim, Talmei Bilu, Perot Golan, Lukovac, Ma’ale Gilboa, Genesis Wind, Wroblew, Blacksmith and TWF. It has operations across Israel and Europe. Enlight Renewable is headquartered in Rosh Ha’ayin, Israel.

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.