Enterprise Greece at WindEnergy Hamburg 2024: The Crucial Role of Offshore Wind Farms in the Green Transition

Athens, 1 October 2024 | Enterprise Greece participated in WindEnergy Hamburg 2024, which concluded on Friday, September 27, showcasing a significant Greek presence. During the event, Enterprise Greece held 24 business meetings with foreign companies exploring or already developing Renewable Energy Sources (RES) projects in Greece.

With over 1,600 exhibitors from 40 countries and more than 40,000 attendees, WindEnergy Hamburg 2024 served as a pivotal platform for renewable energy discussions. Seven Greek companies, specializing in equipment and services for RES, were among the exhibitors, further highlighting Greece’s growing role in the sector.

At the meetings organized by Enterprise Greece, project development executives were briefed on the numerous investment opportunities available in Greece’s green transition efforts, with a special focus on wind farms. Discussions centered around the Offshore Wind Farm Development Program, regulatory and sectoral developments in RES, and the substantial investments planned through 2030 to strengthen and upgrade Greece’s electrical grid and energy storage capacity.

These developments, coupled with ongoing advancements in the energy sector, underscore Greece’s steady transformation into a regional energy hub in the Southeastern Mediterranean. The increasing interest from international investors, as evidenced by bilateral business partnerships, is a testament to this trend.

Throughout WindEnergy Hamburg 2024, keynote speakers addressed key themes, including energy security and autonomy in the EU, the critical role of offshore wind farms in limiting global temperature rise to 1.5°C, and the strengthening of the RES supply chain in Europe. Other topics included the challenges facing electricity grids due to RES’s growing dominance in power generation, the urgent need to integrate energy storage units into the electricity system, and the significant delays caused by complex licensing procedures for new RES projects.