Renewables

Eight firms are in game to build solar power plant in Megalopolis coal area

Eight firms solar power Megalopolis coal area

Photo: American Public Power Association on Unsplash

Published

November 13, 2020

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Published:

November 13, 2020

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Five domestic engineering companies gave offers in the competition for the engineering, procurement and construction of a 50 MW solar power plant in Megalopolis in Greece and the remaining three bidders are international players, according to Energypress.

The PPC Renewables’ tender for the construction of a 50 MW photovoltaic facility in the Peloponnese prompted great interest, Energypress reported. Unnamed sources revealed eight entities have submitted offers for the Megalopolis solar power plant in Greece.

The article adds the list includes domestic engineering companies Intrakat, Aktor, Avax, Terna and Metka EGN and that it points to the potential for the country’s construction sector in the expansion of renewables. Aktor is the construction arm of Ellaktor, an infrastructure conglomerate, and Terna has one of the biggest portfolios of green energy projects in Greece.

International players participate in tender

Foreign-owned Voltalia Greece and Dongfang Electric International Corp. are also participating while Sunel and Shanghai Electric applied jointly.

The engineering, procurement and construction – EPC project is part of the ongoing transformation of two coal industry complexes run by the Public Power Corp. (PPC). The other one is in the region of Western Macedonia.

Most of the electricity produced in the Megalopolis photovoltaic park will be sold to corporate consumers

The state-owned company and its renewable energy subsidiary, both listed the Athens Stock Exchange, are replacing open pits and power plants with green energy and most of the efforts are focused on photovoltaic plants. They intend to sell the electricity from most of the future Megalopolis unit in the market through bilateral agreements with corporate consumers within the target model, introduced on November 1.

The initial deal will be signed with PPC’s own trading division, according to the report.

PPC Renewables to finish 15 MW solar power plant early next year

Of note, PPC Renewables’ Chief Executive Officer Konstantinos Mavros said the first solar park in Ptolemaida in the Western Macedonia region is scheduled to be finished within five months. The construction of the 15 MW unit began in August, he noted and added works on another 15 MW are underway. In the CEO’s words, a 200 MW photovoltaic plant within the cluster will be shovel-ready by the end of June.

Mavros stressed the company would operate at least 200 MW by year-end and 250 MW within the following six months.

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