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 […]
Gamesa lands wind turbine deal in Greece of 10.2 MW
Six European projects in development will be supplied by Gamesa Corporación Tecnológica. The manufacturer headquartered in Spain said it has been contracted to install 12 G52 turbines of 850 kW at a wind farm located in the island of Eubea in Greece. The press release adds the deals have been closed in the second quarter […]
Nordex hired for wind turbines with over 30 MW
Terna Energy SA sent an order to Nordex Group for wind farm projects in Greece. The German manufacturer said it will supply eight N100/3300 and two N90/2500 turbines. Both sites are located in a region near Athens with strong winds. For the Mougoulios project Nordex is to provide five machines from the N100/3300 series. In […]
Germany eyes projects in noninterconnected islands
Ministers Panos Skourletis, responsible for energy, and Giorgos Stathakis, who runs portfolios of economy, development and tourism, signed agreements with visiting German vice chancellor Sigmar Gabriel for the provision of knowhow from Europe’s largest economy to support renewable energy in Greece, especially in the noninterconnected islands, and to promote exports. The deal followed an energy […]