Curtailments, negative prices slash solar power revenue in Greece by up to 60%
Solar parks in Greece with CfDs have lost an average 50% of revenue on a year-to-year basis in April amid negative prices and curtailments
Greece’s PPC Group raises EUR 4.5 billion in capital offering
Public Power Corp. conducted a historic share capital increase of EUR 4.5 billion. The government and existing stockholder CVC covered 55.6%.
Greece presents renewable energy spatial plan with restrictions for wind and solar farms
The Greek Ministry of Environment and Energy issued the spatial plan for renewable energy for public consultation
Ag. Dimitrios shutdown today leaves Greece with last coal plant
Today is the last day of operation of the Agios Dimitrios thermoelectric station, Greece's largest lignite-fired facility
Hellenic Hydrogen wins European Hydrogen Bank grant with lowest bid
The European Hydrogen Bank (EHB) approved EUR 1.09 billion in the third auction. A Greek JV won with the lowest bid in the general category.
Greece to install largest public cooperative solar park for farmers, vulnerable households
The Greek authorities plan to install a cooperative solar power plant for the supply of 147,000 farmers and 17,000 vulnerable households
Batteries enable Bulgaria to import cheap electricity even when domestic production exceeds demand
Bulgaria's abundant energy storage enables importing electricity at low, zero or negative prices even when domestic production exceeds demand
Greece frames solar power’s zero prices as informal consumer support
The Greek government is reluctant to remunerate photovoltaic producers for their high losses from zero or negative hourly wholesale prices