China invests in Greek wind parks, IAE support investments in renewables
China’s Shenhua Group has bought 75% stake in Copelouzos’s four wind farms. The transaction is the first investment of the Chinese company in wind parks in Greece and comes on a day when the IEA’s review found that current policies will not be adequate to guide the energy sector towards the long-term energy transition and […]
First Greek “smart” battery for households in February 2018
An attractively designed working model of the first Greek-designed lithium ion “smart” battery for households will be ready for domestic consumers in February, 2018, Vasilis Nikolopoulos, the co-founder and CEO of Greek firm Intelen Inc has told the Athens-Macedonian News Agency (ANA) radio station ‘Praktorio 104.9 FM’. Greek media report that in his interview to […]
Work on Israel-Cyprus-Greece 1520 km electricity link to start in 2018
Work on an electric cable linking the power grids of Israel, Cyprus and Greece is to start in the first quarter of 2018 and is expected to last until 2022. Israeli regulators are expected to give their approval next month, announced Nasos Ktorides, head of the EuroAsia Interconnector project. Greek and Cypriot regulators’ expected approval […]
Vacancy: Communication Officer for Global Water Partnership – Mediterranean (GWP-Med)
The Global Water Partnership – Mediterranean (GWP-Med) is seeking to hire a Communications Officer that will undertake related activities in the framework of the work programme of the Global Water Partnership – Mediterranean (GWP-Med) in Southeastern Europe, and the Thematic areas of (i) Transboundary Water Resources Management; (ii) Water-Energy-Food-Environment Nexus. Duty Station: Athens, Greece OR […]
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 […]