Renewables

EIB mulls support for onshore wind farms project

Photo: Pixabay

Published

September 4, 2016

Country

Comments

comments icon

0

Share

Published:

September 4, 2016

Country:

Comments:

comments icon

0

Share

A special purpose entity – private company not from the utilities sector, which promotes a project for three wind farms in Tanagra municipality in Viotia prefecture, applied for funding support, the European Investment Bank said on August 25.

The portfolio includes the construction and operation of facilities with an overall capacity of 50 MW in the area also known as Boeotia in central Greece, north of capital Athens. The international financing institution didn’t disclose the requested amount or other details in its section of endeavors in the pipeline.

The project contributes to the bank’s objectives for climate action, making it eligible in the segment of operating in less developed regions and in renewable energy as a common interest, the statement said. Wind power plants contribute to European Union’s and national targets for green energy generation, EIB added.

The country’s competent authority is to judge whether an individual wind farm requires an environmental impact assessment (EIA). The project has been screened in according to Greek law and each wind farm underwent an individual process, the bank said and noted no significant negative impacts were identified. All permits appear to be in place, including an environmental terms approval based on environmental impact studies, it stated.

The closest Natura 2000 site  – special protection area Oros Parnitha, is five to ten kilometers away from the power plant sites. During appraisal, the authorization procedure of the project will be reviewed, including public consultations and its compliance with EU directives, EIB said.

The unnamed company has no status of a contracting entity and is not subject to the bloc’s rules on public procurement, according to the announcement, which adds the conclusion may be revised following the appraisal.

Tags: , ,

Related Articles

CWP Europe and the European Commission signed the Declaration

CWP Europe gets European Commission’s backing for renewables projects in Albania, Montenegro

13 October 2025 - CWP Europe and the European Commission have signed a declaration of support for the Tropoja wind farm and the Montechevo solar farm with battery storage

Greece called to solve multiple problems plaguing the renewable market

Greece’s energy transition at risk amid gridlock with batteries, new tech

13 October 2025 - An overreliance on photovoltaics, combined with slow growth in new technologies and storage, threatens Greece's renewable energy future

No progress yet in Greek offshore wind farm program

Greek offshore wind farm program at standstill for more than one year

11 October 2025 - More than three years after the first offshore wind law, Greece made little progress toward achieving the national goal

ie energy bess smart battery storage

Croatian IE-Energy, Slovenia’s NGEN plan virtual network of smart battery storage systems

10 October 2025 - The EUR 60 million project is a step toward creating a virtual network of battery storage systems connecting renewable energy producers and consumers.