Renewables

Norway’s Equinor looking into offshore wind in Greece

Black Sea offshore wind potential

Photo: Equinor

Published

April 12, 2019

Country

Comments

comments icon

0

Share

Published:

April 12, 2019

Country:

Comments:

comments icon

0

Share

Norway’s oil and wind energy company Equinor is in an early stage of identifying opportunities concerning offshore wind in Greece, according to a statement from the company, formerly Statoil.

“Due to excellent wind conditions offshore, deep waters and the strong industrial/yard and maritime tradition Greece is well positioned to become an important area for floating offshore wind. We are hopeful that there will be a business case for floating offshore wind in Greece,” Eskil Eriksen, press spokesperson at Equinor, said in a statement to Balkan Green Energy News, adding that the company is “still in an early stage in identifying opportunities within offshore wind in Greece.”

The statement follows the Greek media reports according to which the Norwegian and Greek governments are in talks on a floating wind farm in the Aegean Sea.

According to the Athens News Agency, the investment plan has been discussed between the Norwegian ambassador to Greece and the Greek government, Greek Reporter wrote.

The project would be located in the center of the Aegean Sea and would be capable of serving up to 40,000 households, according to the report.

Despite Greece’s major wind power potential, the local floating wind turbine market has remained stagnant since 2010.

“Close to 80% of the oceans resource potential is in deep waters. That’s ideal for floating offshore wind power”

Equinor’s portfolio includes both bottom-fixed and floating wind farms

Equinor is involved in a number of significant wind projects worldwide, including four in the UK, one in Germany, and one in the US.

The Hywind Scotland wind farm employs floating wind turbines

Three of its UK wind farms employ conventional, bottom-fixed turbines, while the Hywind Scotland wind farm, majority owned by Equinor and minority owned by the United Arab Emirates’ (UAE) Masdar, employs floating wind turbines.

“Close to 80% of the oceans resource potential is in deep waters. That’s ideal for floating offshore wind power,” according to Equinor’s website.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Electrica sells green bonds for EUR 500 million amid record demand

Electrica sells green bonds for EUR 500 million amid record demand

15 July 2025 - Electricity supplier and distributor Electrica listed its first green bonds on the Luxembourg Stock Exchange

Montenegro sets November 10 deadline for first solar power auction

Montenegro sets November 10 deadline for first solar power auction

14 July 2025 - Legal entities and entrepreneurs in Montenegro are preparing to compete in an auction for market premiums with their solar power projects

envision green hydrogen ammonia

China-based Envision opens world’s largest green hydrogen, ammonia plant

14 July 2025 - The plant can deliver 320,000 tons of green ammonia per year, with annual output projected to rise to 1.5 million tons by 2028.

hydrogen

Ex-Yugoslav hydrogen scientists call for funding research with real-world applications

14 July 2025 - A team of scientists from Slovenia, Serbia, and Bosnia and Herzegovina is working on a hydrogen project based on seawater electrolysis.