EQS-News: Andritz AG / Key word(s): Incoming Orders
ANDRITZ to supply equipment for major pumped storage project in Greece
23.01.2024 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
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GRAZ/VIENNA, JANUARY 23, 2024. The Greek company TERNA S.A., construction
branch of GEKTERNA Group, 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.
– End –
PRESS RELEASE AND PHOTO AVAILABLE FOR DOWNLOAD
Press release and photo are available for download at (1)andritz.com/news.
The photo may be published free of charge if the source is stated:
“Copyright: TERNA ENERGY S.A.”.
FOR FURTHER INFORMATION, PLEASE CONTACT
ANDRITZ GROUP
Susan Trast
Vice President Group Communications and Marketing
(2)susan.trast@andritz.com
(3)andritz.com
ANDRITZ HYDROPOWER
DI Alexander Schwab
Senior Vice President Market Management & Corporate Communications
(4)alexander.schwab@andritz.com
(5)andritz.com
ANDRITZ GROUP
International technology group ANDRITZ 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.
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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23.01.2024 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com
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Language: English
Company: Andritz AG
Stattegger Straße 18
8045 Graz
Austria
Phone: +43 (0)316 6902-0
Fax: +43 (0)316 6902-415
E-mail: welcome@andritz.com
Internet: www.andritz.com
ISIN: AT0000730007
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1820327
End of News EQS News Service
1820327 23.01.2024 CET/CEST
References
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2. susan.trast@andritz.com
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4. alexander.schwab@andritz.com
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