Greece’s EPC contractor METKA EGN lands solar PV project in Chile
Greek EPC contractor METKA EGN has announced that it has recently signed a contract with Atacama Solar S.A., a subsidiary of solar independent power producer Sonnedix, to undertake the EPC and O&M of the Atacama Solar II 170.65 MWp PV project located in the municipality of Pica, Tarapaca Region, in Chile. The scope of the […]
Floating met mast for offshore wind measurements deployed off Makronisos
Greece’s Streamlined Naval Architects LTD in co-operation with ETME, ERGOMARE S.A. and Enalios Diving Center has deployed the FloatMast platform, an innovative floating met mast platform for offshore wind measurements, according to an announcement from Streamlined. The floating met mast is located 250 meters off the coast of the uninhabited Aegean island of Makronisos, at […]
EUR 1 billion Crete-Attica interconnection draws bids from major cable construction players
Major companies in the cable construction sector have filed binding bids for lots of a EUR 1 billion project to build the Crete-Attica electricity grid interconnection, whose construction is seen as urgent to avert electricity shortages on Greece’s largest island. Ariadne Interconnection, a special purpose vehicle of Greece’s Independent Power Transmission Operator (IPTO or ADMIE) […]
Terna Energy secures refinancing for largest Greek wind farm
Alpha Bank, Eurobank Ergasias and National Bank of Greece have provided EUR 117 million in non-recourse refinancing for the 73.2 MW Aghios Georgios wind farm operated by a subsidiary of Terna Energy, global law firm Norton Rose Fulbright has said in a press release. The wind farm owned by Terna Energy is located on the […]
Enel CEO in Romania proposed for PPC’s new chief
Georgios Stassis, who currently serves as CEO and country manager for Italian energy company Enel in Romania, has been put forward for appointment as new CEO of Greece’s ailing majority state-owned Public Power Corporation (PPC), the Greek media has reported. Stassis, who had been with the Enel Group since 2007, would replace Manolis Panagiotakis, who […]
PPC restructuring: HEDNO to be part-privatized, NOME auctions to be scrapped
Greece intends to sell a minority stake in the Hellenic Electricity Distribution Network Operator (HEDNO), a 100% subsidiary of troubled Public Power Corporation (PPC), as part of restructuring plans for PPC announced by new Prime Minister Kyriakos Mitsotakis and Environment and Energy Minister Kostis Hatzidakis, the Greek media reported. The rescue plan envisages slashing the […]
Greece hits 3 GW wind energy milestone
Greece’s cumulative wind energy capacity has exceeded 3 GW, according to the latest data from the Greek Wind Energy Association (ELETAEN). Greece hit the 3 GW milestone on May 20, with an Enercon E-70 E4 2300kW wind turbine installed at the Trikorfo wind farm, ELETAEN said in a press release, noting that the achievement was […]
Greek power company PPC CEO steps down
Greece’s majority state-owned Public Power Corporation (PPC) Chairman and CEO Manolis Panagiotakis has tendered his resignation to new Greek Environment and Energy Minister Kostis Hatzidakis, saying that the move is aimed at making it easier for the new government to implement its policy. Hatzidakis thanked the outgoing PPC CEO for his years of service and […]