Greece
FRV acquires majority stake in largest battery project in Greece
09 November 2022 - Fotowatio Renewable Ventures took over a portfolio of 600 MW of battery energy storage systems under development in Greece
First virtual power plant in Greek energy market inaugurated
04 November 2022 - The need for virtual power plants and power forecasting services is driven by the Greek electricity market reform
Greece proposes new 9 GW green electricity corridor to Austria
21 October 2022 - Greece aims to take advantage of a large power corridor to transfer green energy northwards and grow renewables
Works begin on world’s longest undersea cable – EuroAsia Interconnector
17 October 2022 - Cypriot President Nicos Anastasiades said the EuroAsia Interconnector with Greece and Israel would end his country's energy isolation
Greek government adopts stricter rules for connecting renewables to grid
13 October 2022 - The Greek government has set a new goal to let only serious and experienced investors keep renewables connection terms
Motor Oil’s subsidiary MORE developing 2.2 GW in renewables
13 October 2022 - Motor Oil Renewable Energy, MORE, said it would have 2.2 GW in renewables projects under development after the transaction with Ellaktor
Renewable energy industry hits major milestones
12 October 2022 - Renewables fully covered electricity demand in Greece for five consecutive hours and Siemens Gamesa broke a world record
Gas interconnector Greece-Bulgaria to start commercial operation on October 1
29 September 2022 - Greece and Bulgaria issued operating permits for the interconnector between the two countries' gas networks
PPC making progress with Mesochora hydropower, irrigation project
23 September 2022 - The environmental impact study for the Mesochora hydropower plant in Greece is finished and expropriation is advancing, a news report said
Hellenic Petroleum becomes HELLENiQ Energy to move into sustainability era
21 September 2022 - Hellenic Petroleum changed its name to HELLENiQ Energy, saying it wants to leave behind a legacy structure and clear the way for renewables
Greek renewables price cap creates problems for PPA contracts
21 September 2022 - The low price cap set by the Greek government for renewables creates an issue for PPA contracts, which must be resolved soon
Greece declares solar-hydrogen project with batteries its first flagship investment of exceptional importance
19 September 2022 - Hive Energy has earmarked EUR 226.4 million for the construction of a 200 MW PV plant in Greece with a giant battery system and electrolyzer.
Mytilineos to install PV plants, batteries for Mt. Athos monasteries in Greece
16 September 2022 - Mytilineos was picked to install hybrid systems – a combination of solar power and batteries – for 17 monasteries on Mount Athos
EU approves state aid to Greece for 900 MW in energy storage
13 September 2022 - Projects will be selected through a transparent and non-discriminatory bidding process, the European Commission said
Low prices but for limited capacity in Greek renewables auction
09 September 2022 - The latest Greek renewables auction had mixed results, with low prices and intense competition, but also limited capacity awarded
Greece increases electricity exports to neighboring Balkan countries
29 August 2022 - Electricity exports from Greece to its neighbors in the north have increased in July and are expected to increase further in August.