Wind power

PPC Renewables on Wednesday announced the acquisition of Thrakiki Wind 1 SA, the owner of a production license for an offshore wind park off the coast of Alexandroupoli in Thrace, from Copelouzos and Samaras groups, for an undisclosed sum.

A significant legislative proposal has emerged as MPs unveil a draft bill aimed at harnessing wind energy in the Black Sea, specifically near Shabla.

The National Program for the Development of Offshore Wind Farms has created high expectations.

Four municipalities on the island of Evia (Karystos, Halkida, Kymi-Aliveriou and Eretria), as well as local forestry, environmental and mountaineering associations are requesting the annulment of the decisions for the installation of a large number of wind farms for electricity generation within forest areas.

Greece on Tuesday moved toward building its first offshore wind farms, identifying areas for private development in a draft plan that the current government hopes will lessen the country's dependence on fossil fuels.

Northern Europe has turned its eyes to Greece for the operation of offshore wind farms, having deemed that the framework for the market has matured. Denmark's Copenhagen Offshore Partners (COP), a global leader in the offshore wind market, is opening its offices in Athens on Thursday, November 9.

Orders for wind turbines were up in the first half of the year compared to 2022, after a rebound in purchases in North America and strong volumes in China, said a study published on Sept. 1.

Between January and June turbine orders for capacity reached 69.5 gigawatts, a 12 percent rise over in the first six months of 2022, according to research firm Wood Mackenzie.

Exactly one year after signing their provisional agreement on the joint installation of offshore wind parks in Greece in July 2022, local refiner Helleniq Energy and German power giant RWE have signed the framework agreement for their joint venture through which they will bid in the tenders the Greek state has proclaimed for the development of 2-2.5 gigawatts of offshore wind power capacity.

Freedom for the development of offshore wind farms in Greece is no longer what investors hoped it would be.

New wind power farms with a total energy capacity of 252.5 megawatts and a total investment of 260 million euros were connected to the country's electricity grid in the first half of 2023, the Hellenic Wind Energy Association (HWEA) said in a report.