View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
June 9, 2022

Iberdrola’s Mikronoros wind farm in Greece begins operations

The Spanish company now has 308MW of total installed wind power capacity in Greece.

Spanish energy utility Iberdrola has announced that its 33.6MW Mikronoros wind farm in Greece has begun operations.

Free Report
img

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.

Located in Rhodopes, Thrace, the wind project features eight V150 4.2MW wind turbines, each with a hub height of 105m and a rotor diameter of 150m.

With the commissioning of the Mikronoros project, Iberdrola now has 308MW of total installed wind power capacity in the country.

The wind power project will supply renewable power to more than 34,000 homes.

In a statement, Iberdrola said: “The construction of this facility has been a major challenge due to the extreme weather conditions in the mountains bordering Bulgaria, where the site of this facility is located, with the worst snowstorms and strong winds recorded in the last 40 years.”

Engineering company Hitachi was responsible for the civil works and electromechanical assembly at the Patriarchis substation, which was fully renovated with a new gas insulation system (GIS).

In addition, Greek company Faraday oversaw the wind farm’s construction.

At present, Iberdrola is building three wind farms in Greece, namely the 18MW Rokani wind project in Viotia and the Askio II and III facilities, each of which has a total capacity of 88MW, in Kozani.

The company began construction of the 50.4MW Askio III wind farm in April this year.

The wind farm will feature 12 wind turbines, each with 4.2MW of capacity, as well as 70m-long blades and a rotor diameter of 150m.

Last month, Iberdrola committed to investing €3bn ($3.2bn) in green hydrogen to expedite the European Green Deal.

The company’s chairman Ignacio Galán said that green hydrogen will ‘bring enormous industrial opportunities to energy uses that are difficult to electrify’.

Galán announced the investment plan at the World Economic Forum’s annual meeting in Davos, Switzerland, which was held last month.

Related Companies

Free Report
img

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.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Power Technology