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June 23, 2020updated 18 Aug 2020 5:05am

innogy selects Siemens turbines for Sofia Offshore Wind Farm

German energy company innogy has signed a preferred supplier agreement with Siemens Gamesa Renewable Energy (SGRE) for 14MW offshore wind turbines that will be installed at its 1.4GW Sofia Offshore Wind Farm.

German energy company innogy has signed a preferred supplier agreement with Siemens Gamesa Renewable Energy (SGRE) for 14MW offshore wind turbines that will be installed at its 1.4GW Sofia Offshore Wind Farm.

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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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Under the agreement, SGRE will be responsible for manufacturing, installation and commissioning of the 262m turbines.

innogy Renewables Operations Offshore senior vice-president Sven Utermöhlen said: “The selection of these state-of-the-art offshore wind turbines for Sofia, our largest offshore wind development project, reflects our ambition to strive for continuous innovation.

“Siemens Gamesa’s towering 14MW machine is a perfect match for our flagship Sofia project, together cementing offshore wind‘s central role in the world’s clean energy future.

“This turbine embodies the impressive technology we need to build our ground-breaking project that is further from shore and more technically challenging than any of its predecessors.”

Located 195km from the UK coast, Sofia will be the first European wind farm to feature 100 14MW offshore wind turbines.

The execution of the agreement is subject to the contract and final investment decision (FID), which is expected to take place in the first quarter of 2021. On passing this, offshore construction works could begin from 2023.

When completed, the offshore wind facility is expected to generate enough clean energy to power almost 1.2 million average UK homes.

Siemens Gamesa CEO Andreas Nauen said: “As an economic recovery around the globe safely and slowly begins, we’re confident that offshore wind power will strongly contribute to providing jobs and energy stability at attractive prices.”

Last September, innogy confirmed its 1.4GW Sofia offshore windfarm has been successful in the UK’s third contracts for difference (CfD) auction.

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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.

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