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 […]
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 […]
