OWC Opens Office in Greece, Eyes Offshore Wind Opportunities

Business & Finance

International renewables consultancy OWC has opened an office in Athens, Greece, to support the growth of the local renewable energy market.

OWC

In particular, OWC’s new office will cover offshore and onshore wind, grid connections, solar PV, and energy storage.

The new office will be headed by Vasilis Giotas, a former offshore wind sales project manager at Siemens Gamesa Renewable Energy in Germany. Giotas oversaw the sale of turbine supply and service contracts on the Kaskasi and Albatros offshore wind farms.

Part of AqualisBraemar LOC Group (ABL Group), this new office adds to ABL Group’s existing presence in Piraeus, Greece, which supports the maritime and offshore energy industries with consulting and engineering, loss prevention, and loss management services.

“With Greece aiming to put 2GW of offshore wind in the water by 2030, and an overall 2050 achievable potential of 50 GW, we recognise that this is a rapidly-moving market where our specialised capabilities can support the country as it accelerates towards net-zero,” said Katherine Phillips, Managing Director of OWC.

In June 2021, Greece-based conglomerate MYTILINEOS, through its Power & Gas Bussines Unit – Protergia, signed an agreement with Copenhagen Infrastructure Partners (CIP) to jointly develop wind farms offshore Greece.

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Ocean Winds (OW), a joint venture between EDP Renewables and ENGIE, signed a collaboration agreement in March 2021 with the Greek renewable energy company Terna Energy to co-develop floating offshore wind projects in Greece.

The companies said they joined forces to identify the most suitable areas and consequently develop a pipeline of projects in excess of 1.5 GW, with a consistent development roadmap rolled out throughout the current decade.

At the beginning of last year, the Greek wind energy association ELETAEN launched a public consultation for the legislative framework for offshore wind development.

This move followed after the Greek government announced that it was considering a new legislative framework for offshore wind in summer 2020.

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