Greek PPC may offer residents of coal regions to invest in solar power
Government-controlled PPC wants to offer shares in solar projects to people in Greek coal-dependent areas
Hellenic Petroleum finishes takeover of juwi’s 204 MW solar power project
Oil company Hellenic Petroleum has completed the takeover of one of the largest solar photovoltaic projects in Europe from German developer juwi Holding. It also secured the fund for this acquisition. The 204 MW project is in the final permitting stage and it will be located in an area of Kozani, Greece. According to Hellenic […]
Egnatia expects strategic investment status for 1.5 GW in solar power
The Interministerial Committee of Strategic Investments of Greece put a 1.48 GW solar power plant plan filed by Egnatia Group on the list for consideration. The company developed projects for hundreds of photovoltaic units, estimating they would cost EUR 888 million in total. Almost five months after Egnatia Group submitted documentation to Enterprise Greece, its […]
National Bank of Greece raises EUR 500 million via green energy bonds
NBG sold green energy bonds worth EUR 500 million with the obligation to invest the funds in hydropower, wind parks and photovoltaic projects in Greece. The European Bank for Reconstruction and Development revealed it invested EUR 50 million in a six-year senior preferred green debt issuance by the National Bank of Greece (NBG). The Greek […]
Greece drafts law on sustainable urban mobility plans, micromobility
Municipalities in Greece will need to adopt sustainable urban mobility plans, according to a draft law, which is also aimed at regulating micromobility – scooters and other electric devices. Drivers should be able to conduct vehicle transfers and renew licenses via mobile applications. The Ministry of Infrastructure and Transport of Greece presented its draft law […]
Terna Energy to more than double its wind power capacity in Evia island
Terna Energy is rapidly expanding its wind power portfolio in Greece, particularly in Evia. Vestas said it closed a deal with the company to deliver and install 40 turbines on the island with an overall capacity of 144 MW. Terna Energy has placed a 144 MW order for the Karystia wind power project in the […]
Greek gas firm DEPA Commerce in talks to enter wind, solar projects
In line with its declared strategy to create a 200 MW renewable energy portfolio, Greek state-controlled DEPA Commerce is negotiating with project developers to participate in planned wind parks and photovoltaic systems or buy stakes in such power plants that are under construction, according to local media. The gas supplier co-owned by Hellenic Petroleum is […]
Greece approves first 30 applications for renewables under simplified rules
The Regulatory Authority for Energy issued 30 production certificates for investors in renewable sources. It is the first batch of applications for which Greece implemented its new regulations as it scrapped the production license and merged stages in the procedure. The future solar and wind power plants are planned to have a capacity of 307 […]