Greece
GEK Terna to raise EUR 300 million via green bonds with obligation to cut emissions
06 December 2021 - Greek construction and energy giant GEK Terna is preparing to sell common sustainability-linked bonds with a target of EUR 300 million
Renewable energy projects of 95 GW compete for completion in Greece
02 December 2021 - An overwhelming number of renewable energy projects received a production license or a producer certificate in Greece so far
Greek EUR 2.27 billion aid scheme for renewables approved by EU
25 November 2021 - The European Commission gave a green light for a EUR 2.27 billion support mechanism for renewable energy in Greece
Energy communities are strong factor in decarbonizing Greece’s coal regions
23 November 2021 - The number of energy communities is increasing in Greece in areas where coal mines and power plants are being shut down, the Green Tank said
Greece’s first Climate Law to end lignite use by 2028
19 November 2021 - Ambitious new sectoral energy and climate goals will be included in Greece’s first Climate Law,...
Greece to ban sale of new gasoline, diesel cars in 2030
09 November 2021 - Greece's draft Climate Law envisages a ban on the sale of new cars with internal combustion in 2030, five years earlier than the EU's target
Municipalities across Greece to develop solar power projects for own consumption
09 November 2021 - Local authorities in Greece are working on solar power projects to achieve savings in their budgets, lower emissions and secure electricity supply
PPC raises EUR 1.35 billion, plans RES expansion in Balkans and waste-to-energy projects
08 November 2021 - PPC is looking to accelerate its investments in renewable energy and waste-to-energy projects in the following years after a successful EUR 1.35 billion capital raise.
Share of CO2 auctions revenue for Greece’s renewables special account reduced to 30%
28 October 2021 - The Greek environment and energy ministry's decision has caused reactions in the renewables market since it lowers the account's inflows by EUR 75 million
Government in Athens doubles subsidies to protect households during energy crisis
11 October 2021 - Greece said household power and heating bills would grow only marginally as it earmarked EUR 500 million in subsidies for the energy crisis
RWE Renewables inks 2 GW solar deal with Greece’s PPC Renewables
08 October 2021 - RWE and PPC agreed their renewables subsidiaries would build large-scale solar projects with a total capacity of up to 2 GW in Greece
Greece targets 1.5 GW in offshore wind by 2030 – who is in race?
30 September 2021 - Greece aims add 1.5 GW in offshore wind farms by the end of the decade. Several international and domestic companies are already preparing projects.
PPC’s capital offering to lower Greece’s ownership to minority stake
28 September 2021 - Greek state-controlled power utility PPC intends to increase its share capital by at least EUR 750 million, but the government won't participate
Several undersea power cables about to connect Europe with Africa
16 September 2021 - Greece and Egypt are in talks about the possibility to lay a 2 GW submarine interconnector on the bottom of the Mediterranean Sea
Macquarie fund to buy 49% stake in Greece’s power distributor HEDNO
14 September 2021 - An investment firm controlled by Macquarie is a step away from buying 49% of HEDNO in Greece's biggest privatization deal so far.
PPC Renewables preparing 500 MW solar power project to replace coal
14 September 2021 - PPC Renewables CEO Konstantinos Mavros said a single 500 MW solar power project, one of the largest in Europe, would be announced within six months