Greece preparing to sell 39% in project to connect Crete with Attica
The call for expressions of interest for the entry of one or more strategic investors in Ariadne Interconnection is expected to be announced “in the first months of 2020,” according to the media in Greece. Independent Power Transmission Operator SA, also known as IPTO or Admie, is said to be preparing to sell up to […]
Evia-Andros cable comes online, Greece’s Admie says
Independent Power Transmission Operator SA has said it electrified the 150kV alternating current or AC submarine interconnection between the islands of Andros and Evia in Greece. The link boosts the existing supply capacity within the second corridor of the Cyclades, according to the entity known both as IPTO and Admie. It added the cable connecting […]
Nexans to begin laying cable to Syros under Aegean Sea
Top officials from the Independent Power Transmission Operator SA (IPTO or ADMIE) of Greece and contractor Nexans SA, based in France, announced yesterday in Lavrion port that boats are about to start rolling out the electric cable in the third phase of establishing an interconnection with Cyclades Islands. The first, 28-kilometre section of the submarine […]
Investors cover only 51.8% of Greek solar power tender
Bidders in the process leading up to the auction scheduled for December 12 by the Regulatory Authority for Energy of Greece sent 44 offers for photovoltaic panels and 16 were received for facilities generating electricity from wind. The solar segment is undersubscribed with projects accounting for only 148.64 MW or 51.8% of the maximum, RAE […]
China wants in on Crete power link, joins Minos solar project
China’s president Xi Jinping left Greece with 16 bilateral deals, after an official three-day visit, where the focus was placed on the most populous country’s massive Belt and Road Initiative for infrastructure, manufacturing and trade across Asia, Africa and Europe. The projects include the interconnection cable which is planned to be installed between Crete and […]
Final deals inked for Crete’s power link to mainland
A EUR 365 million undersea electric cable between Greece’s largest island and the southeastern tip of the Peloponnese peninsula is set to come online next year. Independent Power Transmission Operator SA said the accompanying contracts for the interconnection between Crete and the mainland were signed on October 25 with Intrakat and Elektromek-Nari. The entity, which […]
Greece to roll out modest electric car incentives – report
Hints from the government and recent rumours in the media shouldn’t get buyers’ hopes up very much with regard to purchases of vehicles, Ekathimerini learned from unnamed sources. Greek authorities are expected to roll out tax incentives next week and next month only for units with low emissions, the article adds. It means they would […]
Terna Energy to invest EUR 250 million in renewables in Greece
Greek energy group Terna Energy has announced EUR 250 million in new investments in renewable energy sources in Greece. Continuing its investment program in Greece, Terna is implementing new investments of more than EUR 250 million in the clean energy production sector, the company has said on its website. In 2019 the company began its […]
