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Greece-EUR-850-million-energy-efficiency-prosumers

August 11, 2020

Greece earmarks EUR 850 million for energy efficiency, prosumers

The Greek government has prepared an EUR 850 million program for energy efficiency in the private buildings sector, including incentives for the use of renewable energy for self-consumption and the…

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EPCG-PPC-EUR-210-million-loans-coronavirus-EBRD

August 4, 2020

PPC, EPCG get EUR 210 million in loans to absorb coronavirus challenges

State-owned power utilities from Greece and Montenegro – Public Power Corporation (PPC) and Elektroprivreda Crne Gore (EPCG), have secured loans in the amount of EUR 210 million to absorb the…

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Greece wind solar capacity auction prices

July 28, 2020

Greece awards nearly all wind, solar capacity at auction as prices drop

Households and companies in Greece may see a decline in electricity tariffs after the latest auction of solar and wind capacity. Regulators accepted offers from power plant operators for a…

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Greek families solar power plants 100 MW

July 22, 2020

Hundreds of Greek families jointly building solar power plants of 100 MW

Agricultural cooperative Agrinio Union said works are underway on a group of photovoltaic facilities developed by the local energy community it established. Five hundred Greek families are jointly building solar…

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Terna Energy sells Mountain Air wind farm in USA

July 17, 2020

Terna Energy sells Mountain Air wind farm in US

Greece’s Terna Energy has sold the 138 MW Mountain Air wind farm in Idaho in the United States to Innergex Renewable Energy Inc. for USD 215 million. According to the…

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Greece's PPC Renewables solar power plants coal pits

July 15, 2020

Greece’s PPC Renewables inks first deal for solar power plants at coal pits

The future 230 MW photovoltaic complex in Greece’s northern lignite mining area is divided into three parts and PPC Renewables is yet to select a contractor for the largest unit…

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Eurobank EUR 400 million loan Attica-Crete interconnection

July 10, 2020

EUR 400 million loan for Attica-Crete interconnection secured

The financing framework for the undersea electricity link between the Greek mainland and its largest island has been completed. The country’s TSO Admie secured a credit line of as much…

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Solar, wind of 947.8 MW power purchase auction in Greece

July 8, 2020

Solar, wind units of 947.8 MW apply for power purchase auction in Greece

The segment for wind power systems of up to 50 MW in the upcoming auction in Greece came in well oversubscribed and contracts for the entire 481.5 MW package are…

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Greece EU state aid 680 pumped storage

July 7, 2020

Greece asks EU to approve state aid for 680 MW pumped storage project

GEK Terna is building two pumped storage hydropower plants and artificial lakes in Amfilochia in western Greece that will use an existing lower reservoir. The government filed its support scheme…

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Greece-introduces-EUR-100-million-worth-subsidies-for-electric-vehicles

June 17, 2020

Greece introduces subsidies for electric vehicles of EUR 100 million

The Greek government has secured EUR 100 million for subsidies for the purchase of electric vehicles (EVs). The funds are planed for a period of 18 months. This is the…

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Greece mobile recycling kiosk solar panels US

June 10, 2020

Greece presents mobile recycling kiosk powered by solar panels

Envipco and Texan, which started the production of public devices for returning plastic, glass and metal packaging in Greece, launched their portable automated machine that runs exclusively on a photovoltaic…

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PPC layoffs coal mines 890 workers

June 9, 2020

PPC begins voluntary layoffs at coal mines with program for 890 workers

The state-owned company PPC managing lignite open pits and thermal power plants in Greece launched the first round of the voluntary layoffs for employees in the fossil fuel business. Workers…

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