Greece expects EUR 1.5 billion investments in wind energy
Ten corporations and their associates are set to invest around EUR 1.5 billion over the next three years for the development of wind-energy facilities with a total capacity of 1.400 MW. The majority of these projects are being planned by the ten biggest renewable energy players in the Greek market or smaller firms planning partnerships […]
Greek PPC to install pioneering energy storage system
Greek Public Power Cooperation (PPC) will install a pioneering battery system for renewable energy storage at its production facility on the Dodecanese island of Karpathos. The biggest power producer and electricity supply company in Greece has decided, according to the Greek energy news portal Energypress, to install a lithium-ion battery system for energy storage as […]
Evia wind farm investors given extension to pay for cable connection
Investors in the wind energy parks on Evia island are given two-month extension to start paying for the cost of underwater cable connection linking Polypotamos in Evia with the outskirts of the Greek capital Athens. The group of investors holding licenses for the construction of the wind farms in the southern part of Evia, were expected to start […]
EBRD to support renewable energy projects in Greece
The European Bank for Reconstruction and Development (EBRD) will support one of the leading Greek renewable energy companies Terna Energy S.A. with EUR 50 million to develop projects in Central Greece. Terna Energy will invest a total of EUR 60 million in the development, construction and operation of renewable energy projects in Greece. One of […]
China’s State Grid to buy 24% stake in Admie
China's State Grid is a preferred strategic investor to buy a 24 percent stake in Greece's electricity grid operator Admie, sa9d the board of Public Power Corp.
Investors in dilemma about RES pilot tender
Prospective investors are in dilemma about the participation in a RES pilot tender for the installation of new PV systems announced by Regulatory Authority for Energy of Greece as they are required to provide additional letters of guarantee. Potential investors are upset after they have been informed that they are required to provide follow-up letters […]
Terna eyes value of Admie’s submarine cable project
Terna Group, one of three investors interested in acquiring a stake in Independent Power Transmission Operator SA (IPTO or Admie), is focusing on the undersea interconnection planned to link Crete with the Greek mainland, Energy Press portal reported. National utility Public Power Corporation SA (PPC) is offering a share of 24% in its subsidiary, with […]
EIB mulls support for onshore wind farms project
A special purpose entity – private company not from the utilities sector, which promotes a project for three wind farms in Tanagra municipality in Viotia prefecture, applied for funding support, the European Investment Bank said on August 25. The portfolio includes the construction and operation of facilities with an overall capacity of 50 MW in […]
