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. […]

Renewables January 30, 2017

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 […]

Renewables January 27, 2017

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 […]

Renewables January 6, 2017

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 […]

Renewables January 5, 2017

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 […]

Renewables December 22, 2016

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 […]

Renewables November 15, 2016