Greece
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
Wind provides all-time high daily power production in Greece
10 September 2021 - Wind turbines in Greece set a national daily record in electricity output, at 61.4 GWh. At 48%, the share of demand covered was the highest in the EU
Christos Stylianides to take helm at Greece’s first climate crisis ministry
08 September 2021 - Former European Commissioner Christos Stylianides is taking over the Ministry of Climate Crisis and Civil Protection of Greece after historic wildfires
Greece to establish company for transforming coal land property
03 September 2021 - The government in Athens is preparing a bill for a just development transition of its coal regions as the use of the harmful fossil fuel is being phased out
Energy coops offer solid returns for investments in small solar power plants
21 August 2021 - Energy communities have photovoltaic projects in which people can safely invest very small amounts and still get relatively high profits
Small solar power projects in Greece on hold due to grid overburden
16 August 2021 - Distribution system operator HEDNO can't connect household rooftop solar power systems anymore in some parts of Greece as the capacity reached its limits
Greece fast-tracks two PV projects worth half billion euros in total
06 August 2021 - Greece awarded strategic investment statuses to Enipeas' 700 MW solar power project and Karatzis' proposed cluster of an overall 362.75 MW
EU approves Masdar-Taaleri’s 65 MW solar power joint venture in Greece
30 July 2021 - The EU allowed Masdar-Taaleri Generation to partner with two Greek firms on the 65 MW Asopia solar power project near Athens