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 […]
PPC Renewables to add 1.5 GW in solar including on former coal mines
The Regulatory Authority for Energy revealed Greece’s dominant power producer is already taking steps in line with its recently published five-year plan. PPC Renewables SA, tasked with Public Power Corp. SA’s envisaged energy transition, filed applications for photovoltaic units with a total capacity of 1.5 GW. The ambition is to add 1 GW by 2024 […]
PPC to work with Masdar, Taaleri on green goal of 300 MW in Greece
PPC Renewables SA signed a memorandum of understanding with Masdar Taaleri Generation Doo or MTG about the development of renewable energy projects in Greece. In the statement, released by the Greek company’s parent Public Power Co. SA, the state-owned firm highlighted their optimism regarding wind and solar potential. Masdar or Abu Dhabi Future Energy Co., […]
PPC may detail lignite phaseout, Greek grid stake sale in late January
The presentation of the integrated five-year business plan outlining the Public Power Corporation’s overhaul and development strategy has been postponed to January 30 as the media in Greece learned the provisions are still essentially unchanged. The path forward especially depends on the European Commission’s stance after the upcoming negotiations about the closure of the lignite […]
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 […]