Zinkgruvan Wind Farm, Sweden

Zinkgruvan Wind Farm is a 53.2MW onshore wind power project. It is located in Orebro, Sweden. The project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in January 2019.

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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	53.2	53.2	–	Active	Orebro, Sweden	European Energy

Description

The project was developed by European Energy and is currently owned by CEE Group.

The project supplies enough clean energy to power 40,000 households.

The Zinkgruvan Wind Farm (Zinkgruvan _Phase I), has 110m high towers.

The Zinkgruvan Wind Farm (Zinkgruvan _Phase II), has 110m high towers.

Development Status

The project is currently active. The project got commissioned in January 2019.

Contractors Involved

GE Renewable Energy was selected as the turbine supplier for the wind power project. The project consists of 14 units of 3.8-130 MW turbines, each with 3.8MW nameplate capacity.

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.

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.