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 […]
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 […]