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  1. Market Data
January 5, 2022

Suloglu Wind Farm, Turkey

By Carmen

Suloglu Wind Farm is a 66MW onshore wind power project. It is located in Edirne, Turkey. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in 2015.

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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
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Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 66 66 Active Edirne, Turkey Konum Enerji Yatirim Uretim ve Ticaret Anonim; STEAG

Description

The project was developed by Konum Enerji Yatirim Uretim ve Ticaret Anonim and STEAG. The project is currently owned by Entek Elektrik Uretimi.

The project generates 222,000MWh electricity thereby offsetting 107,600t of carbon dioxide emissions (CO2) a year. The project cost is $128.238m.

The project has 117m high towers.

Development Status

The project is currently active. The project got commissioned in 2015.

Contractors Involved

Vestas Wind Systems was selected to render EPC services for the wind power project.

Vestas Wind Systems was selected as the turbine supplier for the wind power project. The company provided 20 units of V126-3.3 MW turbines, each with 3.3MW nameplate capacity.

Vestas Wind Systems is the O&M contractor for the wind power project for a period of 10 years.

About STEAG

STEAG GmbH (STEAG), formerly STEAG AG, a subsidiary of Kommunale Beteiligungsgesellschaft GmbH & Co. KG, is a power generation company that constructs, plans and operates power plants and distributed energy facilities. The company operates coal fired power plants. It offers services such as electricity and fuel marketing, district heating, energy marketing, operation and maintenance management; energy services, energy contracting and communications engineering services. STEAG conducts research and development to improve its processes and systems performance. The company has presence in Germany, Singapore, Turkey and the Philippines. STEAG is headquartered in Essen, Germany.

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

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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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