EDP opens 45 MW wind farm in Greece

  • Lusa
  • 25 November 2021

EDP Renováveis inaugurated its first wind farm in Greece, with a total capacity of 45 megawatts (MW).

EDP Renováveis (EDPR) on Thursday inaugurated its first wind farm in Greece, with a capacity of 45 megawatts (MW) and which will generate approximately 100 gigawatt-hours (GWh) of energy per year.

“Today marks a historic moment for EDP Renováveis and all those involved in this wind project,” said the chairman of EDP and EDP Renováveis, Miguel Stilwell d’Andrade, during the inauguration ceremony of the Portuguese electric company’s first wind farm in Greece, which was attended by several representatives of the company and local authorities and communities.

The Livadi park, in central Greece, has a total capacity of 45 MW, 14 wind turbines in the mountains – blessed by orthodox priests during the inauguration – and will generate around 100 GWh per year, avoiding the emission of approximately 48,000 tons of carbon dioxide (CO2) annually.

Miguel Stilwell d’Andrade said this project represented another step towards decarbonisation, and the company’s presence in Greece is a long term project.

Speaking to journalists, he said that Greece had recovered well from the 2013 crisis, managed to reduce its investment risk and had an excellent regulatory framework.

EDP’s entry into Greece with the construction of the Livadi park was announced in July 2018, while António Mexia was still leading the energy company.

According to the communication to the Portuguese Securities Market Commission (CMVM), at the time of the announcement, the energetic secured a 20-year guaranteed tariff contract (‘Contract for Difference’), following the Greek energy auction, for the sale of wind generation produced by the Livadi park with 45 MW capacity.

The project, located in the central Greek region of Malesina, about two hours’ drive from the capital, Athens, was expected to start operating in 2020.

In a statement to the market, the company said that with this contract, it increases its European presence by entering a new market with sustainable development of its renewable energy resource.

The auction had a total capacity of 176 MW, of which EDPR was awarded around 25%.