Priority projects

Eolus’ success as a developer of renewable energy projects is in large dependent on access to a high- quality project portfolio that develops and is optimized over time. Over time the project portfolio consists of projects for wind, solar and storage in different phases developed by Eolus or acquired from others. Development and optimization of projects is done during a long period of time. Development and optimization of the most important projects in the total project portfolio is therefore key activities for Eolus.

To increase the long-term visibility of our activities we are now redefining the classification of our project portfolio and will clarify the communication for our most prioritized projects for establishment from 2022 onwards. The intention is to describe the progress of the projects in interim reports and on Eolus website and continually add information about future projects when they reach the late development phase.

All project development normally occurs at Eolus own risk and even if Eolus has well developed processes for project development, there is a risk that some projects might not be able to establish due to market och permit factors in the future.

Projects under establishment

Project Location Number of WTG Capacity, MW Estimated production, GWh Planned commisioning Comment
Wind Wall Tehachapi, Kalifornien, USA 13 40-47 145-155 2020 Repowering project. Full-value production tax credit granted for the project. A 15 year PPA signed with Amazon Web Services. Turbine supply agreement signed with Vestas. Sales process is ongoing.
Stigafjellet Bjerkreim, Norge, NO2 7 30 110-130 2020 The wind farm is sold to ewz who will take over the facility upon completion which is expected to be in the second half of 2020. Turbine supply agreement signed with Siemens Gamesa. Construction is ongoing.
Bäckhammar Kristinehamn/Degerfors, Sverige, SE3 31 130 400 2020 The wind farm is sold to KGAL who will take over the facility upon completion which is expected to be in the summer of 2020. Turbine supply agreement signed with Vestas. Construction is ongoing.
Öyfjellet Vefsn, Norge, NO4 70-75 400 1,400 2021 Fully concessioned. Grid capacity reserved. Fifteen-year Power Purchase Agreement with Alcoa. The wind farm is sold to Aquila Capital. Turbine procurement process is ongoing.

Projects in late development phase or sales phase