METKA EGN acquires 260 MW solar PV project in Australia
Greek EPC contractor METKA EGN has announced the acquisition of a 260 MW solar photovoltaic (solar PV) project in Australia, the subsidiary of Greek industrial giant Mytilineos Holdings said in a statement. “Following the opening of our office in Melbourne in 2018, we are pleased to have closed the acquisition of a first 260MW solar […]
PPC inaugurates hybrid wind-hydro system on island of Ikaria
Greek power utility Public Power Corporation (PPC) has launched Europe’s second hybrid renewable energy park, combining wind and hydraulic energy with energy storage, and Grid Master Control System solutions, on the Aegean island of Ikaria. The 6.9 MW project has been implemented by PPC Renewables, a subsidiary of the majority state-owned PPC. The first European […]
Schneider Electric eyeing Greece’s EUR 1.5 billion smart meter project
Schneider Electric has contacted the Hellenic Electricity Distribution Network Operator (HEDNO) to express interest in the replacement of around 7.5 million conventional electricity meters with smart meters, Kathimerini English Edition has reported. The project to replace conventional electricity meters with smart meters, implemented by HEDNO, whose Greek acronym is DEDDIE, is worth EUR 1.5 billion, […]
Framework agreement signed for 2,000 MW EuroAfrica Interconnector between Egypt, Cyprus, Greece
The Egyptian Electricity Transmission Company and Nicosia-based EuroAfrica Interconnector Limited have signed a framework agreement for the construction of the 1,707-km subsea EuroAfrica Interconnector cable which will connect Egypt, Cyprus, and Greece, the promoter of the project, EuroAfrica Interconnector Limited, said in a press release. The agreement was signed by EuroAfrica Interconnector Limited CEO Nasos […]
Juwi readies to start building 204 MW Kozani solar park
Juwi Hellas, the Greek subsidiary of Germany’s Juwi, plans to start building a 204 MW solar park in Greece in December 2019, the company said in a press release. The Kozani solar park has secured a premium in Greece’s first mixed renewable energy auction, held on April 15. The Kozani solar park secured 47% of […]
Greece secures EUR 178 million for first power link between Crete and mainland
Greece has secured a EUR 178 million long-term loan to finance the construction of the first power interconnector between the mainland and the country’s largest island Crete. The new 132 km submarine power line will ensure the security of energy supply, provide a third of Crete’s electricity needs, reduce the use of oil-fired power plants, […]
PPC Renewables to acquire 45% stake in Volterra’s 4 wind farms in Greece
Greece’s PPC Renewables, a subsidiary of the country’s majority state-owned power utility, Public Power Corporation (PPC), and Volterra, a subsidiary of AVAX Group, have agreed the joint development and operation of 69.7 MW wind farms in Greece. According to a news release from PPC, the company is in the process of acquiring 45% of Volterra’s […]
Norway’s Equinor looking into offshore wind in Greece
Norway’s oil and wind energy company Equinor is in an early stage of identifying opportunities concerning offshore wind in Greece, according to a statement from the company, formerly Statoil. “Due to excellent wind conditions offshore, deep waters and the strong industrial/yard and maritime tradition Greece is well positioned to become an important area for floating […]
