Renewables

Greece’s PPC Renewables finishing two solar power plants of 250 MW in total

Greece PPC Renewables two solar power plants f 250 MW

Photo: Pekachu / https://creativecommons.org/licenses/by-sa/4.0/legalcode

Published

March 29, 2023

Country

Comments

comments icon

0

Share

Published:

March 29, 2023

Country:

Comments:

comments icon

0

Share

PPC Renewables said it would complete two photovoltaic facilities in Greece’s coal hubs by the end of the month. Together with two more solar parks under construction, the company is set to commission 415 MW before the end of the year.

Greece is making progress in its energy transition, though with some serious glitches, rushing to phase out coal by 2028. Public Power Corp. and its PPC Renewables subsidiary are at the forefront of the transformation.

In its financial results, the government-controlled company said it would complete the construction of two utility-scale solar power plants by the end of the first quarter. Located in the country’s only coal hubs – Western Macedonia and the Peloponnese peninsula – their combined capacity is 250 MW. Together with two more solar parks under construction, PPC Renewables is aiming to commission 415 MW this year.

A 200 MW photovoltaic unit worth EUR 100 million in the Kozani area in northern Greece should be finished by the end of March. Construction began in June 2021.

PPC Renewables is building solar power plants with bifacial panels

The other solar park is in Megales Lakkes in the Megalopolis municipality in the Peloponnese. It is split into two segments of 39 MW and 11 MW. The photovoltaic facility in the Arcadia regional unit consists of bifacial panels on single-axis trackers. The EUR 23.9 million project includes a 33/150 kV substation. The construction works were launched in September 2021.

A 65 MW unit in the municipality of Eordaia near Kozani in Western Macedonia is expected to be finished in July, PPC said. The works, valued at EUR 31.8 million in Agios Christoforos, were started last May. They involve the installation of a 33/150 kV substation.

The company said it would sign a deal with a contractor for Greece’s largest solar power plant by the end of March

The fourth project, comprising Pteleonas 1, Pteleonas 2, Haravgi 1 and Haravgi 5, has a combined capacity of 95 MW. Single-axis trackers support two-sided solar panels. The locations are in the municipalities of Eordaia and Kozani. The construction, which were launched in September, are scheduled to be completed in November. Total budget, at EUR 62.3 million, is also covering the extension of the Haravgi 150 kV substation.

In addition, PPC said it expects to sign a contract with a company that would install its 550 MW solar power plant by the end of the first quarter. The site is in the municipalities of Eordaia and Kozani. The project is worth EUR 216 million. There were six bidders and GEK Terna gave the best offer. The facility would currently be the biggest in Greece.

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

croatia hrvatska elektroprivreda hep loan goverment

Croatian power utility HEP to borrow EUR 400 million

19 December 2025 - Although the 2021-2023 global energy crisis has ended, its consequences will be felt for a long time to come

Aurora bess battery storage Bulgaria Flexible Energy Forecast service

Aurora launches Bulgaria Flexible Energy Forecast service

19 December 2025 - Aurora decided to expand its inaugural Romanian Flexible Energy Forecast service, released in April, and other established forecasts for SEE

rystad power pricing interval bess

EU’s new power pricing interval boosts BESS profit potential – analysis

19 December 2025 - Thanks to the 15-minute trading interval, arbitrage potential on the day-ahead power markets has increased by 14% on average, Rystad says

Bulgaria approves support for BESS projects totaling more than 4 GWh

Bulgaria approves RESTORE funds for over 4 GWh in BESS projects

19 December 2025 - Developers of 31 standalone battery storage facilities in Bulgaria won EUR 117 million from European Union funding