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PPC CEO

July 12, 2019

Greek power company PPC CEO steps down

Greece’s majority state-owned Public Power Corporation (PPC) Chairman and CEO Manolis Panagiotakis has tendered his resignation to new Greek Environment and Energy Minister Kostis Hatzidakis, saying that the move is…

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Kostis Hatzidakis new environment and energy minister of Greece

July 9, 2019

Greece’s new energy minister, Kostis Hatzidakis, announces rescue plan for PPC

Not 24 hours after the polls closed in Greece, the new prime minister, Kyriakos Mitsotakis, has unveiled his cabinet. New Democracy Vice President Kostis Hatzidakis will lead one of the…

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June 28, 2019

Elsewedy agrees to buy 4 wind farms, 1 SHPP in Greece

Egypt’s Elsewedy Electric, an integrated energy and infrastructure solution provider, has announced entering into a share purchase agreement with R.F. Energy S.A. (a subsidiary of F.G Europe S.A.) to acquire…

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PPC secures EUR 160 million loan for distribution network upgrade, expansion

June 26, 2019

PPC secures EUR 160 million for distribution network upgrade, expansion

Greece’s Public Power Corporation (PPC) has secured a EUR 160 million loan, backed by a sovereign guarantee, from the Black Sea Trade and Development Bank (BSTDB). The loan will support…

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June 19, 2019

Greece launching new renewables, sustainable infrastructure investment scheme

Fresh investment in renewables, energy efficiency, and urban development projects across Greece will be supported following the first agreement under a new EUR 650 million infrastructure investment initiative, according to…

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June 18, 2019

METKA EGN acquires 260 MW solar PV project in Australia

Greek EPC contractor METKA EGN has announced the acquisition of a 260 MW solar photovoltaic (solar PV) project in Australia, the subsidiary of Greek industrial giant Mytilineos Holdings said in…

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June 11, 2019

PPC inaugurates hybrid wind-hydro system on island of Ikaria

Greek power utility Public Power Corporation (PPC) has launched Europe’s second hybrid renewable energy park, combining wind and hydraulic energy with energy storage, and Grid Master Control System solutions, on…

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June 4, 2019

Schneider Electric eyeing Greece’s EUR 1.5 billion smart meter project

Schneider Electric has contacted the Hellenic Electricity Distribution Network Operator (HEDNO) to express interest in the replacement of around 7.5 million conventional electricity meters with smart meters, Kathimerini English Edition…

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May 31, 2019

Framework agreement signed for 2,000 MW EuroAfrica Interconnector between Egypt, Cyprus, Greece

The Egyptian Electricity Transmission Company and Nicosia-based EuroAfrica Interconnector Limited have signed a framework agreement for the construction of the 1,707-km subsea EuroAfrica Interconnector cable which will connect Egypt, Cyprus,…

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May 27, 2019

Juwi readies to start building 204 MW Kozani solar park

Juwi Hellas, the Greek subsidiary of Germany’s Juwi, plans to start building a 204 MW solar park in Greece in December 2019, the company said in a press release. The…

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May 15, 2019

Greece secures EUR 178 million for first power link between Crete and mainland

Greece has secured a EUR 178 million long-term loan to finance the construction of the first power interconnector between the mainland and the country’s largest island Crete. The new 132…

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April 26, 2019

PPC Renewables to acquire 45% stake in Volterra’s 4 wind farms in Greece

Greece’s PPC Renewables, a subsidiary of the country’s majority state-owned power utility, Public Power Corporation (PPC), and Volterra, a subsidiary of AVAX Group, have agreed the joint development and operation…

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