Renewables

105 MW photovoltaic park in Greece operational with the support of ProCredit Bank

105 MW photovoltaic park in Greece operational with the support of ProCredit Bank

Photo: ProCredit Bank

Published

March 28, 2024

Country

Comments

0

Share

Published:

March 28, 2024

Country:

Comments:

0

Share

A large 105 MW photovoltaic park in the Kozani region, North-West Greece, has become fully operational with the support of ProCredit Bank. The project, consisting of 186 individual PV parks of 0.5 MW to 1 MW each, is testimony to the ability of the bank’s experienced teams to deliver big and complicated projects regardless of the challenges.

During the two years of construction, ProCredit Bank handled and perfectly coordinated the communication among all 90 legal entities, which share ownership of the PV park.

Our trained professionals were also able to keep the processes fast, by holding regular and well-oriented meetings with kIEFER, the lead company that took on the engineering, procurement, and construction of the project.

ProCredit Bank

ProCredit Bank has created a stable financial environment for the investors, by providing them with loans with fixed interest rates. Besides, we are experienced and invested in such projects due to the guiding principles of the International Group we are part of and due to our sensitivity to environmental impact.

Within this context, ProCredit Bank was thrilled to undertake this project, as part of the financing for the project was related to the reforestation of the broad region of Kozani.

Furthermore, our teams of experts in ProCredit Bank are fully capable of navigating through different situations, whether they pertain to business client advisers and sustainability departments or credit risk management. Our trained staff always stays on top of challenges that may arise and thus it is prepared to provide and implement the most efficient solution.

ProCredit, solar power plant

The PV park in the Kozani region makes a true impact on the local community, as it created construction jobs in the last two years and now it has opened positions for maintenance.

This project is not only perfectly in line with ProCredit Bank’s aim to continue supporting SMEs, but is also added to its long record of successful large projects. Our teams will continue to undertake environmental and large-scale works, overcoming the obstacles and managing them most efficiently.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Renewables-Greece-get-shortcut-grid-connection-PPAs

Renewables in Greece get shortcut to grid connection with PPAs

23 April 2024 - Renewables projects in Greece with PPAs with energy-intensive industrial consumers get priority in the transmission grid connection queue

Brite Solar agrisolar panel plant Greece 2024

Brite Solar to complete agrisolar panel plant in Greece by end-2024

23 April 2024 - Greek startup Brite Solar is building a production line in Patras for transparent solar panels for agrivoltaic production

green wolt scotland floating wind farm

Green Volt, world’s largest floating wind project, obtains planning approval

23 April 2024 - The project has now received all its planning approvals and remains on track to be the first commercial-scale offshore wind farm in Europe

Solar-power-plants-North-Macedonian-industrial-zones-supply-exporters-EU

Solar power plants in North Macedonian industrial zones to supply exporters to EU

23 April 2024 - Solar power plants in industrial zones in North Macedonia will enable manufacturers exporting their products to the EU to avoid CBAM