Greece
Premier Energy, Motor Oil launch joint venture for hybrid power plants in Romania
24 June 2024 - Premier Energy established a firm in Romania with Greece-based Motor Oil that bought two PV projects of 86 MW in total, with storage
Masdar to take over Terna Energy in deal worth EUR 3.2 billion
20 June 2024 - Masdar is expanding in Greece and Europe by buying Terna Energy for EUR 2.4 billion, translating to an enterprise value of EUR 3.2 billion
Lignite power plants are pushed out of market in Balkans
30 May 2024 - PPC's brand new Ptolemaida 5 lignite plant was effectively pushed out of the market in May as uncompetitive
Greek renewables breach record, leading to historic emissions low
29 May 2024 - Renewables surpassed fossil fuels in Greece's power production for the first time, reducing emissions to the lowest level so far
Share of coal power in Greece tumbles to zero
20 May 2024 - Greece went seven days without coal power in the system as natural gas plants and renewables were far more competitive
Greece earmarks EUR 50 million for small business transition in lignite regions
15 May 2024 - Western Macedonia and Megalopolis are the two traditional lignite regions of Greece. They are greening the local economy.
Greece schedules first auction for guarantees of origin
06 May 2024 - The Greek renewable market operator, DAPEEP, said the country's first auction for guarantees of origin would take place on June 26
Greece suspends electricity imports until May 7 to protect system
03 May 2024 - The Greek Independent Power Transmission Operator (IPTO) has announced the suspension of all electricity imports during the hours around noon
Renewable energy curtailments already surpassed 2023 levels in Greece
30 April 2024 - An unusually hot spring has weakened electricity demand and prices in Greece, while also increasing curtailments
Renewables in Greece get shortcut to grid connection with PPAs
23 April 2024 - Renewables projects in Greece with PPAs with energy-intensive industrial consumers get priority in the transmission grid connection queue
Brite Solar to complete agrisolar panel plant in Greece by end-2024
23 April 2024 - Greek startup Brite Solar is building a production line in Patras for transparent solar panels for agrivoltaic production
Municipality in Athens to launch solar energy community with citizens
22 April 2024 - The local authority in Chalandri called on citizens to join its energy community by investing EUR 2,000 to EUR 3,500 in a solar power unit
Curtailments, record-low power prices threaten renewables investments in Greece, Spain
20 April 2024 - Renewable energy developers have underestimated the effects of curtailments and low wholesale prices
Power utilities in Greece, Cyprus allow home PV systems to be paid in installments
19 April 2024 - Greece and Cyprus have enabled the installation of home PV systems to be paid in installments and without upfront costs
Mitsotakis: Greece to launch EUR 2 billion fund for decarbonization of islands
19 April 2024 - Prime Minister Kyriakos Mitsotakis said Greece would create a special fund for islands of up to EUR 2 billion for phasing out fossil fuels
Greece’s PPC sets its sights on Italy, Croatia in tandem with Mytilineos
16 April 2024 - Public Power Corp. – PPC is about to pay out the first dividend in a decade and is widening the scope of its regional expansion