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 […]
Greece wants to use EU recovery funds for green power infrastructure
The government in Athens is preparing the national plan for funds from the Next Generation EU investment package, which the European Commission launched as a response to the damage from COVID-19. The local media learned Greece may lean on manufacturing cables, pylons and other elements for green energy facilities together with power links and other […]
Greek fossil fuel companies expanding their renewables portfolios
Hellenic Petroleum asked the EBRD for a EUR 75 million loan for a solar power project of 204 MW and its domestic competitor Motor Oil bought a 40 MW wind power plant. Major Greek firms are turning to renewables as energy transition gains traction. The drop in costs for the equipment for green energy production […]
Electricity supplier switching in Greece nearly doubles in 2019
Electricity supplier switching in Greece in 2019 jumped 89% against 2018, reflecting growing consumer confidence in independent suppliers and the effectiveness of discounts and other offers designed to attract customers. Slightly over 576,000 consumers, or 8.5% of the total number, switched their supplier last year, compared with 4.51% in 2018, according to Greek energy news […]
TENDERING: PPC Renewables looking for contractor to install two solar power plants
PPC Renewables, the renewable energy arm of the Public Power Corporation (PPC), has announced tenders for the construction of two solar power plants in the municipality of Megalopolis in southern Greece, with a total installed capacity of 50 MW. The company now has only 1 MW of installed capacity in 28 photovoltaic installations, while the […]
Greece earmarks EUR 850 million for energy efficiency, prosumers
The Greek government has prepared an EUR 850 million program for energy efficiency in the private buildings sector, including incentives for the use of renewable energy for self-consumption and the introduction of solutions for smart homes. The idea is to introduce energy saving measures in 60,000 households per year until 2030, local media reported. The […]
