Greece to move forward with privatization of energy, mining companies
Minister of Environment and Energy of Greece Kostis Hatzidakis announced plans for a quick sale or partial privatization of companies in the energy and mining sectors. He asserted the government would soon introduce the so-called target model so that power producers would be able to make bilateral supply contracts with corporate consumers. “The government supports […]
Iberdrola launches construction of three wind farms in Greece
Spanish Iberdrola started the construction of three wind farms in Greece after securing electricity tariffs there in the July auction. The combined capacity of 98.1 MW is scheduled to be connected to the grid in 2022. Iberdrola, which already has more than 300 MW in installed capacity in Greece, started the construction of three wind […]
Prices of photovoltaic panels jump as much as 25% in Greece
Global demand, industrial accidents, environmental disasters, exchange rates and the impact of the coronavirus pandemic could all be contributing to a rapid rise in the cost of solar power panels in Greece since the beginning of July. Industry sources reported price hikes of up to 25%. Investors in solar power in Greece are concerned because […]
PPC Renewables, RWE targeting 2 GW solar deal for Greece by year-end
PPC Renewables and German RWE are working on a formal business agreement on joint development of photovoltaic systems in lignite mining areas in Greece while coal facilities are being shut down. The two companies are reportedly eyeing a deal through December. Representatives of Germany’s RWE completed a three-day working visit to Greece, where they visited […]
PPC Renewables to make 31 MW biomass power plant in lignite land
A biomass plant will supply the output from as much as 25 MW of its capacity to the Greek grid and use 6 MW for internal purposes, the government said as it gave a green light to the project submitted by PPC Renewables. The Ministry of the Environment and Energy approved the so-called environmental terms […]
Terna Energy starts building 10.8 MW wind park in central Greece
Infrastructure works began on the construction of Terna Energy’s wind power plant, which will be part of a 67 MW complex in the Evrytania area. The company has a EUR 1.5 billion program for investment in renewables and it just raised 68.5 million in capital. Terna Energy launched the construction of a wind park in […]
Nanotechnology brings flexible, printed solar power panels
Third-generation photovoltaics are thin, light and semitransparent and come in different colors. Furthermore, nanotechnology enables printing of flexible solar power panels with endless applications. Less than a milimeter thick and weighing under 500 grams per square meter, flexible organic photovoltaic modules are the new generation of materials with wide applications, compatible with building materials. The […]
Greek Green Funds target over EUR 3 billion in investments
The Hellenic Development Bank of Investments (HDBI) has launched a program called Greek Green Funds for venture capital and private equity funds to finance businesses in the sectors of renewable energy production and technology, energy conservation infrastructure, sustainable development, and circular economy. The Greek Ministry of Development and Investments has said the program is expected […]