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Joining forces for development of offshore wind farms - Kathimerini English Edition

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Joining forces for development of offshore wind farms | eKathimerini.com

Joining forces for development of offshore wind farms

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Offshore wind farms in Greece are set to advance with expanded business alliances, as the pilot projects off Alexandroupoli in northeastern Greece show.

The Copelouzos and GEK Terna groups are, according to information, joining forces to carry out the required research studies in the maritime zone off Alexandroupoli.

The venture is said to be strengthened with Motor Oil, as well as a foreign company that has expertise in the installation of offshore wind farms, as provided for in the institutional framework.

The area is destined by law to host pilot offshore wind farm projects with a capacity of up to 600 megawatts.

Related Knowledge Center: ENERGY BASICS: wind

State of Play

Decades of government support for the development of wind energy has resulted in lower costs and a rapidly growing share of electricity generated by wind turbines. Wind in 2019 accounted for 7.3 percent of electrical generation, surpassing for the first time hydropower at 7.0 percent. 

More informationabout ENERGY BASICS: wind