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Greece coal power plants

September 20, 2019

Greece to start shutting down coal power plants

A business plan being drafted by the management of majority state-owned Public Power Corporation (PPC) includes a “sweeping divestment” of its coal power plants in Greece, Ekathimerini writes. The plan…

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energy storage support

September 17, 2019

Greece working on new energy storage support framework

Greece’s energy regulator, RAE, is preparing a new energy storage support framework to foster renewable energy growth, chairman Nikolaos Boulaxis has said at the Thessaloniki International Fair. The new energy…

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September 12, 2019

Piraeus Bank joins EUR 650 million EIB green infrastructure investment program

Piraeus Bank has agreed to support a new EUR 650 million infrastructure investment program developed by the Hellenic Ministry of Development and Investments and the European Investment Bank (EIB). Piraeus…

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September 10, 2019

Greece, Slovenia among five EU countries to introduce new fossil fuel subsidies – report

Five EU countries including the UK, Germany, Greece, Poland, and Slovenia are looking to introduce new fossil fuel subsidies by 2030, an analysis of the 28 Member States’ draft energy…

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September 3, 2019

METKA EGN signs solar PPA to supply leading Australian retail chain

Greek EPC contractor METKA EGN has entered an agreement with Coles, the second-largest supermarket chain in Australia, for a 10-year electricity supply contract (PPA), with all the power to be…

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EPC contractor METKA EGN

August 19, 2019

Greece’s EPC contractor METKA EGN lands solar PV project in Chile

Greek EPC contractor METKA EGN has announced that it has recently signed a contract with Atacama Solar S.A., a subsidiary of solar independent power producer Sonnedix, to undertake the EPC…

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Floating met mast

August 12, 2019

Floating met mast for offshore wind measurements deployed off Makronisos

Greece’s Streamlined Naval Architects LTD in co-operation with ETME, ERGOMARE S.A. and Enalios Diving Center has deployed the FloatMast platform, an innovative floating met mast platform for offshore wind measurements,…

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August 7, 2019

EUR 1 billion Crete-Attica interconnection draws bids from major cable construction players

Major companies in the cable construction sector have filed binding bids for lots of a EUR 1 billion project to build the Crete-Attica electricity grid interconnection, whose construction is seen…

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Terna Energy

August 5, 2019

Terna Energy secures refinancing for largest Greek wind farm 

Alpha Bank, Eurobank Ergasias and National Bank of Greece have provided EUR 117 million in non-recourse refinancing for the 73.2 MW Aghios Georgios wind farm operated by a subsidiary of…

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Georgios Stassis PPC CEO

July 31, 2019

Enel CEO in Romania proposed for PPC’s new chief

Georgios Stassis, who currently serves as CEO and country manager for Italian energy company Enel in Romania, has been put forward for appointment as new CEO of Greece’s ailing majority…

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PPC restructuring HEDNO DEDDIE

July 23, 2019

PPC restructuring: HEDNO to be part-privatized, NOME auctions to be scrapped

Greece intends to sell a minority stake in the Hellenic Electricity Distribution Network Operator (HEDNO), a 100% subsidiary of troubled Public Power Corporation (PPC), as part of restructuring plans for…

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Greece 3 GW wind

July 17, 2019

Greece hits 3 GW wind energy milestone

Greece’s cumulative wind energy capacity has exceeded 3 GW, according to the latest data from the Greek Wind Energy Association (ELETAEN). Greece hit the 3 GW milestone on May 20,…

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