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November 18, 2021

Markbygden Wind Farm – Phase III, Sweden

By Carmen

Markbygden Wind Farm – Phase III is a 1,803.5MW onshore wind power project. It is planned in Norrbotten, Sweden. 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 December 2021.

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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 1,803.5 1,803.5 Permitting Norrbotten, Sweden Markbygden Vind; Svevind

Description

The project is being developed by Markbygden Vind and Svevind. Luxcara and Markbygden Vind are currently owning the project.

The project is expected to generate 5,500GWh of electricity.

Development Status

Post completion of the construction, the project is expected to get commissioned in December 2021.

Power Purchase Agreement

The power generated from the Markbygden Wind Farm – Phase III (Markbygden Wind Farm – Phase III A-I) will be sold to Amazon.com under a power purchase agreement. The offtake capacity is expected to be 258MW.

Contractors Involved

Markbygden Wind Farm – Phase III (Markbygden Wind Farm – Phase III A-I) will be equipped with GE Renewable Energy GE-5.5 turbines. The phase consists of turbines with 5.5MW nameplate capacity.

Markbygden Wind Farm – Phase III (Markbygden Wind Farm – Phase III A-II) will be equipped with GE Renewable Energy GE-5.5 turbines. The phase consists of turbines with 5.5MW nameplate capacity.

Markbygden Wind Farm – Phase III (Markbygden Wind Farm – Phase III B) will be equipped with Enercon turbines.

About Markbygden Vind

Markbygden Vind AB is engaged in development and operation of wind power projects.

About Svevind

Svevind AB (Svevind) is a renewable energy company that plans, develops and operates land-based wind power projects of different sizes. The company’s services portfolio includes wind project planning, design and sale; and electricity generation. It also provides development and installation services to wind projects. Svevind’s projects include Gabrielsberget, Hornefors, Granberget, Latikberg, Vindpilot, Skaggs and Markbygden. The company provides calculations for return on investment, and supports nearby population with renewable electricity. It operates through its offices located in Sweden and Germany. Svevind is headquartered in Umea, 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.

Related Companies

Free Report
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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.
by GlobalData
Enter your details here to receive your free Report.

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