PPC to sign agreement with China Development Bank
China Development Bank (CDB) and the Public Power Corporation (PPC) are due to sign a memorandum of understanding in Thessaloniki on Saturday, September 9. The agreement will be inked during a conference titled “Investment Opportunities in Southeastern Europe – Trends and Challenges in the Energy Sector.” Conference is being organized by PPC within the framework […]
Greek PPC Renewables looking for partners to build 12 wind farms on islands
The Greek company PPC Renewables said it is looking for partners to build 12 wind farms at a number of sites across the country. The company published three tenders to build the wind farms, operate them and provide maintenance for a period of 14 years. According to PPC Renewables’ plans, the 12 wind farms will […]
EBRD supports Hellenic Petroleum’s renewable energy projects
The European Bank for Reconstruction and Development (EBRD) has supported Hellenic Petroleum’s diversification of activities into the area of renewable energy by subscribing to EUR 28.3 million in bonds issued by the Greek company. The EBRD announced that it has signed the first project under its new framework for renewable energy in Greece by subscribing […]
EIB loan for three new wind farms in Greece
The European Investment Bank (EIB) said it has approved a loan of EUR 24 million for three wind farm projects in Greece. The loan will be used by the Terna Energy company to set up and operate the three wind farms in the central Greece region of Viotia. Part of the loan was secured by […]
Italian Enel starts to build largest wind power complex in Greece
Italian Enel, through its Greek renewables subsidiary Enel Green Power Hellas (EGPH), has started construction of the Kafireas wind power complex on the Island of Evia, the second largest island in Greece. Once completed, the new facility will be the largest wind farm in Greece with total installed capacity of 154 MW. Enel will invest […]
Tilos island project – switching to renewables, becoming energy independent #EUSEW2017 winner
Greek island of Tilos, near the island of Rhodes, is heading towards big change in its power supply system which will enable it to become truly green and energy sustainable using only wind and solar power. This summer the construction of a hybrid, renewable energy-based battery station and smart micro grid, the first ever in […]
PV system for women’s shelter waits ministry approval
High school Emmanouel Kriaras in Thessaloniki ceded its roof for a 10 kW PV solar panel installation in an inaugural project launched by the central municipality and Greenpeace Greece. Power from the system is intended for covering the needs of a sanctuary for women and children who are victims of family violence. The virtual net […]
Syriza dissenters slam plan to sell chunk of PPC
Conflicting statements are making their way to the media, as Greek officials and representatives of international creditors give different assessments on how close the bailout agreement is before the target technical level deal on April 7. Besides pensions and workers’ rights, the disputed mid-term measures concern the unbundling of the energy market. The government in […]