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ANDRITZ to Supply Equipment for Major Pumped Storage Project in Greece - The Greek company TERNA S.A. awarded the international technology group ANDRITZ a contract for the supply of electromechanical equipment for the new Amfilochia Pumped Storage Complex in the Central Greece region - TERNA.gr / ANDRITZ.com
ANDRITZ to Supply Equipment for Major Pumped Storage Project in Greece

 

NewswireTODAY - /newswire/ - Graz, Austria, 2024/01/23 - The Greek company TERNA S.A. awarded the international technology group ANDRITZ a contract for the supply of electromechanical equipment for the new Amfilochia Pumped Storage Complex in the Central Greece region - TERNA.gr / ANDRITZ.com. Reuters: ANDR.VI

   
 
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The Greek company TERNA S.A. (terna.gr), construction branch of GEKTERNA Group (gekterna.com), awarded the international technology group ANDRITZ a contract for the supply of electromechanical equipment for the new Amfilochia Pumped Storage Complex in the Central Greece region.

It is the largest grid energy storage investment in Greece and a milestone project for the country’s clean energy transition.

Once in commercial operation, the power plant will have a total installed capacity of 680 MW (generation) and 730 MW (pumping) with an estimated total production of approximately 816 GWh of clean and sustainable electrical energy per year.

The advanced pumped storage plant will act as a green battery by balancing fluctuations in power generation from wind and solar plants, thus ensuring the secure and stable operation of the Greek power grid.

Given the global increase in energy demand and the growing share of volatile renewable energy sources, economical solutions for storing large amounts of energy are essential. Pumped storage power plants represent the most efficient method of storing large amounts of energy for extended periods of time. They therefore play a key role in the clean energy transition.

ANDRITZ is proud to be part of this important project and to make a significant contribution to a clean and sustainable energy future through state-of-the-art equipment and expertise.

The ANDRITZ scope of supply includes the design, manufacture, supervision of erection, and commissioning of six reversible pump-turbine generator units, along with associated auxiliaries and ancillary equipment, governors, excitation and protection system, main inlet valves, draft tube gates as well as digital services.

About ANDRITZ GROUP

International technology group ANDRITZ (andritz.com) offers a broad portfolio of innovative plants, equipment, systems, services and digital solutions for a wide range of industries and end markets. Sustainability is an integral part of the company’s business strategy and corporate culture. With its extensive portfolio of sustainable products and solutions, ANDRITZ aims to make the greatest possible contribution to a sustainable future and help its customers achieve their sustainability goals. ANDRITZ is a global market leader in all four of its business areas Pulp & Paper, Metals, Hydropower and Environment & Energy. Technological leadership and global presence are cornerstones of the group’s strategy, which is focused on long-term profitable growth. The publicly listed group has around 30,000 employees and over 280 locations in more than 80 countries.

About ANDRITZ HYDROPOWER

ANDRITZ Hydropower is one of the world's leading suppliers of electromechanical equipment and services for hydropower stations in the dynamically growing global renewable energy market. Based on 180 years of experience and a global installed capacity of 470 gigawatts, we offer innovative solutions for new and existing hydropower stations, from small to large-scale hydropower plants. State-of-the-art digital solutions, comprehensive services for the operation and maintenance of entire hydropower plants, and turbo generators for the thermal industry complete the portfolio.

 
 
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Agency / Source: ANDRITZ AG

 
 

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ANDRITZ to Supply Equipment for Major Pumped Storage Project in Greece

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TERNA S.A. | ANDRITZ Hydropower
Contact: Susan Trast - ANDRITZ.com 
+43(1) 89100 2659 susan.trast[.]andritz.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ANDRITZ AG securities in any jurisdiction including any other companies listed or named in this release.

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