Ten wind farms across the Aegean to operate by early 2019

Repowering and construction works for 10 wind farms with a total installed capacity of 19.8 MW, in the Aegean Sea, is underway by PPC Renewables, and are expected to go operational by the beginning of 2019.

The wind farms in question are as follows: Marmari Evia (5.40 MW), Perdiki Ikaria (0.90 MW), Agios Ioannis Karpathos (0.90 MW), Sigri Lesvos (2.70 MW), Vigla Lemnos (0.90 MW), Lakakia Pythagorion Samos (1.80 MW), Melanio and Potamia Chios (2.70 and 0.90 MW respectively), Prophitis Elias Psara (1.80 MW), and Tigani Mykonos (new, 1.80 MW) with a total cost of 28.14mln euros.

The scope of the projects includes both the replacement of the equipment in the existing parks, some of which count many years of operation, as well as coplementary works (road access, interconnections, etc.).

It is reminded that, in 2017, a tender had been announced, referring to a “package” of 12 wind farms, which included all the above, plus 2 more units in Mamados Tinos (new, 4,5 MW) and Toplou Monastery Crete (7.5 MW), but did not attract any interest, at that point. The latter two were finally tendered separately after the redesign of the competitions.

Undoubtedly, the production of renewable energy both in the Greek islands and mainland Greece, is a strategic priority for PPC Group and is expected to be reinforced significantly in the coming years. However, this plan is an integral part of an investment program of PPC Renewables, which will be also supported by the European Investment Bank.

A 85mln-euro loan by EIB, signed in the end of 2017, will finance the repowering of numerous wind farms and small hydropower plants as well as the construction of new hydroelectric plants and wind farms across the country. This is the largest funding that EIB has provided Greece, regarding investments in renewables’ sector.