New Floating Wind Partnership Targets Greece

Outlook & Strategy

June 14, 2023, by Adnan Durakovic

Simply Blue Group and Archirodon, an international EPC contractor and RES developer, have established a new partnership branded ArcoBlue to explore floating offshore wind development opportunities in Greece.

Simply Blue Group, an early-stage developer of floating offshore wind, currently has a pipeline of 10 GW of projects and is committed to creating new economic opportunities for coastal communities, and developing projects that co-exist with sustainable fisheries and marine conservation.

Archirodon, through strategic partnerships with RES majors, is establishing its presence in the renewables market in Greece and CIS countries, through the development of a portfolio of onshore solar and wind farms, with substantial capacity in the range of 2.5 GW.

”This partnership marks our entry into the Greek market, as we continue to increase our pipeline of global projects at pace,” Sam Roch-Perks, Group Chief Executive Officer of Simply Blue Group, said.

”The potential for wind energy in Greece is significant, especially for floating wind given the technical characteristics of Greek Waters. Furthermore, with a strong naval and maritime heritage and world-class supply chain facilities, Greece can become a hub for floating wind in the Mediterranean and Eastern Europe. In 2022, the Greek Parliament approved Greece’s first Offshore Wind Law. By 2030 Greece wants to build at least 2.6 GW of offshore wind, so our ambition is to support this target by bringing our lessons learnt from our early projects and of course build a footprint for the future developments beyond 2030.”

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Dennis Karapiperis, Chief Executive Officer of Archirodon, said: ”Greece’s offshore wind vision is an inspiration for Archirodon. Driven by the needs of the world, we are committed to helping economies grow, improving infrastructure’s resiliency, and increasing access to renewable energy and resources while contributing to a safer, cleaner and more sustainable habitat for future generations. We look forward to becoming pioneers in changing the industry’s conventional approach and eventually transforming the energy landscape through our unique work.”