Rokiskis Wind Farm is a 66MW onshore wind power project. It is planned in Panevezys, Lithuania. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in 2023. Buy the profile here.
The project is being developed by European Energy and Taaleri Energia. Taaleri Energia and Lords LB Asset Management are currently owning the project having ownership stake of 75% and 25% respectively.
The project is expected to generate 168GWh electricity and supply enough clean energy to power 81,000 households. The project is expected to offset 51,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $153.6m.
The project will have 151m high towers.
The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2023.
Power purchase agreement
The power generated from the project will be sold to Axpo Nordic under a power purchase agreement for a period of 10 years.
GE Renewable Energy will be the turbine supplier for the wind power project. The company is expected to provide 12 units of GE-5.5 turbines, each with 5.5MW nameplate capacity.
GE Renewable Energy is expected to perform operations and maintenance for the wind power project for a period of 30 years.
The rotor blades are likely to be supplied by LM Wind Power Holding. The blade length is expected to be 158.000m.
For more details on Rokiskis Wind Farm, buy the profile here.
About European Energy
European Energy AS (European Energy) is a renewable energy company that builds, develops, and finances wind and solar farms and large-scale green energy storage. The company offers services for solar and wind energy projects such as finding location and securing permits, construction, and financing services. Its project includes Botsmark. European Energy provides advisory in relation to transactions of renewable energy plants. It also offers corporations and utilities power purchase agreement for new wind and solar farms. The company has partnerships with banks and suppliers, land owners, municipality and regional offices. It develops and constructs parks in Denmark, Sweden, Finland, Germany, Italy, Brazil, and in Mexico. European Energy is headquartered in Soborg, Denmark.
About Taaleri Energia
Taaleri Energia is focused on development and long-term ownership of renewable energy assets and a subsidiary of Taaleri Plc. Taaleri Energia is an energy infrastructure developer and investor, managing energy infrastructure assets over their entire lifecycle. Currently Taaleri Energia manages a 750 MW portfolio of renewable energy assets under construction and in operation in the Nordics and Europe. It is the second largest wind power producer in Finland with 312 MW of production capacity.