Share of CO2 auctions revenue for Greece’s renewables special account reduced to 30%
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
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
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?
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
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
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
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
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