Enel inaugurates Kafireas wind farm complex, largest in Greece
Enel Green Power Hellas S.A. (EGPH), a subsidiary of Italian energy company Enel, has connected to the grid its new, 154 MW Kafireas wind farm complex, which is the largest of its kind in the country. According to the company’s website, located in the municipality of Karystos (Evia), Kafireas involved an overall investment of around […]
Terna Energy Finance to launch green bond offer on October 16
Terna Energy Finance, a member of Terna Energy Group, will launch a public offer of a EUR 150 million seven-year bond on October 16. Greece’s first green bond offer will be deemed successful if at least EUR 120 million worth of securities are subscribed. The public offer of the green bond, certified by the Climate […]
Four systemic Greek banks join EUR 650 million sustainable infrastructure program – EIB
The European Investment Bank (EIB) has confirmed in a press release involvement of four systemic Greek banks in a new EUR 650 million green infrastructure investment program. Confirmation of the involvement of the four systemic Greek banks – Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank – will enable EUR 650 million for […]
Iberdrola contracts Vestas for wind turbine maker’s latest project in Greece
Denmark-based Vestas Wind Systems A/S has won a 16 MW auction-derived order from Spain’s Iberdrola for the Pyrgari wind farm, the latest in a series of orders for the wind turbine maker to secure in Greece. Vestas said the contract with Iberdrola, the world’s number-one producer of wind power, for the Viotía, Greece site includes […]
Vestas wins 185 MW in wind turbine orders in Greece
Denmark-based Vestas Wind Systems A/S has won three new wind turbine orders in Greece, for a total capacity of 185 MW, according to press releases from the company. The latest order, from Volterra S.A., is for 15 V117-3.45 MW wind turbines delivered in 3.6 MW Power Optimised Mode for two wind farms in the Viotia […]
Greece’s Terna Energy adds 2 wind farms in Texas to U.S. portfolio
Greek renewable energy company Terna Energy has seen a significant strengthening of its wind farm portfolio in the United States with the completion of two significant investments in the Texas area, according to a press release from the member of GEK Terna Group. The 158 MW Gopher Creek (Fluvanna 2) wind farm in Borden County, […]
Greece seeks to phase out coal by 2028, Ptolemaida V prospects unclear
Greece will adopt a new national energy and climate plan by the end of 2019 that will envisage the shutdown of all coal power plants in Greece by 2028, Prime Minister Kyriakos Mitsotakis said at the UN Climate Action Summit 2019. The plan will also call for expanding the share of renewables to 35% by […]
Greece to start shutting down coal power plants
A business plan being drafted by the management of majority state-owned Public Power Corporation (PPC) includes a “sweeping divestment” of its coal power plants in Greece, Ekathimerini writes. The plan to start shutting down PPC’s coal-fired power plants, which is expected to be ready by mid-November, is meant to be factored into the structural changes […]