Ptoon Wind Farm, Greece

Ptoon Wind Farm is a 40MW onshore wind power project. It is located in Central Macedonia, Greece. The project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in 2016.

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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	40	40	–	Active	Central Macedonia, Greece	Siemens Gamesa Renewable Energy AE; Total Eren

Description

The project was developed by Siemens Gamesa Renewable Energy AE and Total Eren. The project is currently owned by Total Eren.

The project generates 96,800MWh of electricity.

Development Status

The project is currently active. The project got commissioned in 2016.

Contractors Involved

Siemens Gamesa Renewable Energy was selected to render EPC services for the wind power project.

Ptoon Wind Farm (Ptoon Wind Farm Phase I) is equipped with Siemens Gamesa Renewable Energy G87-2.0 MW turbines. The phase consists of 9 turbines with 2MW nameplate capacity.

Ptoon Wind Farm (Ptoon Wind Farm Phase II) is equipped with Siemens Gamesa Renewable Energy G97-2.0 MW turbines. The phase consists of 11 turbines with 2MW nameplate capacity.

Siemens Gamesa Renewable Energy is the O&M contractor for the wind power project for a period of 10 years.

About Total Eren

Total Eren SA (Total Eren), a subsidiary of Eren Groupe SA, is an independent power producer that develops, finances, builds and operates renewable energy power plants. The company offers services such as project management, engineering, procurement and construction; and operation and maintenance of renewable energy power plants. It generates electricity from various renewable energy sources including hydro, solar and wind. Total Eren owns and operates power plants in Asia, Europe, North America and South America. Total Eren is headquartered in Paris, Ile-de-France, France.

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.