Regulators plan to auction 200 MW in solar, wind projects in Crete
RAE didn’t reveal the size of the chunks or a timeline. It intends to conduct the operation according to the Dutch model – the power purchase price for the solar and wind endeavors in Crete would be lowered until an investor accepts the offer. Thanks to the upcoming interconnections with the mainland, regulators are preparing […]
EU wind power growth must double to match Green Deal terms: report
Turkey was first in the region last year in new and cumulative capacity, the size of successful tenders and new asset financing. EU saw the share of wind power as primary source jump to 15% in 2019. Data obtained by WindEurope showed the installed wind power capacity in the continent reached 205 GW last year, […]
VW to test autonomous, electric cars in Thasos as it mulls investment
Volkswagen is working on a study in cooperation with the government in Athens. The first update is expected by April. VW could decide to invest after trying out autonomous driving and other innovative solutions. Germany’s automotive giant aspires to develop a smart island system in the north Aegean. Greece’s government has teamed up with Volkswagen […]
Hellenic Petroleum acquires juwi’s 204 MW solar power plant project
The fossil fuel giant in transition counts on domestic added value of 40% and hints at the possibility to add electricity storage or other innovative solutions. Hellenic Petroleum leaves German partners in charge of construction in Kozani. The facility would be the biggest of its kind now in Southeastern Europe. Greece’s dominant fuel and petrochemicals […]
PPC Renewables to apply for rest of two giant solar power units in Greece
Documents are being prepared for the other half of capacity in photovoltaic systems planned at 3 GW in total. The dominant power producer wants to install one of the world’s biggest solar power plants at opencut mines and accompanying coal facilities scheduled to be shut down in the northwest of Greece. Following the 1.5 GW […]
Valorem takes over wind energy portfolio of 82 MW in Greece
French green power company Valorem said it has bought a portfolio of 82 MW wind projects in Greece, in a move to expand its operations in this country. According to information it posted on its website, the affiliate of private equity and venture capital firm 3i covers all the phases of renewable energy investments from […]
Municipalities in Greece get EUR 5.8 million in compensation for RES
The Administrator of Renewable Energy Sources and Guarantees of Origin – Dapeep has said 101 municipalities received compensation for the first half of last year. The sum, which came in at EUR 5.8 million in total, is paid to local authorities with installed power plants that use renewable sources. There are 325 municipalities in Greece. […]
Admie includes Northeast Aegean EUR 935 million cable in ten-year plan
Greece’s transmission system operator announced its network development budget would have a segment covering the Northeast Aegean region by 2030. The state-owned company now intends to include the islands in operations interconnecting the Dodecanese with the mainland grid. According to Manos Manousakis, the Northeast Aegean project brings “significant environmental benefits” and enables stronger integration of […]
