Greek Government prepares legal framework for energy cooperatives
Draft bill which will permit establishment of energy cooperatives should be finalized next month. With that act, consumers will be entitled to become shareholders in energy ventures. Drafting of the future bill on energy cooperatives is going smoothly, according to Greek portal energypress.eu. The Ministry of Energy is working on this with RAE, the Regulatory Authority for […]
Greek PPC Renewables plans to triple electricity production from geothermal energy
PPC Renewables, the leading Greek company for the production or electricity from renewables, wants to triple production capacity from geothermal energy. Business plan which includes the development of geothermal energy is prepared by the newly elected Board of Directors. Previous board is replaced after the series of bad decisions which caused, according to Manolis Panagiotakis, […]
Regional waste management project launched in northern Greece
Integrated waste management project worth EUR 48 million in the town of Kozani in northern Greece entered a trial phase. The project, being financed through a public-private partnership (PPP), gathers 12 municipalities from the region. The maximum capacity of the unit in Kozani is approximately 120,000 tons per year. The plant has a sanitary site for […]
Another EUR 50 million for Greek commercial property sector and energy efficiency by IFC
International Finance Corporation, a member of the World Bank Group, is extending a EUR 50 million long-term loan to Grivalia Properties, a leading real estate investment company, to bolster Greece’s crucial commercial property sector and support energy efficiency. IFC announced its investment will help Grivalia make significant renovations and energy efficiency improvements to its commercial […]
EBRD funds renewables in Greece with EUR 300 million
The European Bank for Reconstruction and Development (EBRD) announced the establishment of an investment framework worth EUR 300 million to finance renewable energy projects in Greece. The Greek Renewable Energy Framework (GREF) will also finance electricity grid modernization and expansion investments that enable renewables integration in the Greek system. GREF responds to the country’s target […]
Consultant for Greek street lighting project technical baseline needed
The European Bank for Reconstruction and Development (EBRD) seeks a consultant to undertake the development and preparation of the technical baseline required for a LED street lighting project in three cities or regions in Greece. According to an invitation for expressions of interest, the technical baseline should include all the technical information on the existing […]
Pavlidis Marble-Granite to invest EUR 70 million in four wind farms
Greek company Pavlidis Marble-Granite will invest EUR 70 million in renewable energy in the next three years. The Pavlidis Marble-Granite’s board approved an investment plan worth EUR 70 million for the period 2017-2020. The plan envisages the development of four wind plants in Greece with a total power of 50 MW, reports news agency ANA-MPA. […]
METKA EGN signed EUR 60 million worth energy projects
METKA EGN has signed contracts to provide turn-key engineering, procurement and construction (EPC) for projects with a total capacity of 75MW and contract value exceeding EUR 60 million. According to a press release published on the METKA EGN website, the largest of the new contracts is with Noriker Power Limited and it will provide an […]
