March 29, 2023
March 29, 2023
PPC Renewables said it would complete two photovoltaic facilities in Greece’s coal hubs by the end of the month. Together with two more solar parks under construction, the company is set to commission 415 MW before the end of the year.
Greece is making progress in its energy transition, though with some serious glitches, rushing to phase out coal by 2028. Public Power Corp. and its PPC Renewables subsidiary are at the forefront of the transformation.
In its financial results, the government-controlled company said it would complete the construction of two utility-scale solar power plants by the end of the first quarter. Located in the country’s only coal hubs – Western Macedonia and the Peloponnese peninsula – their combined capacity is 250 MW. Together with two more solar parks under construction, PPC Renewables is aiming to commission 415 MW this year.
A 200 MW photovoltaic unit worth EUR 100 million in the Kozani area in northern Greece should be finished by the end of March. Construction began in June 2021.
PPC Renewables is building solar power plants with bifacial panels
The other solar park is in Megales Lakkes in the Megalopolis municipality in the Peloponnese. It is split into two segments of 39 MW and 11 MW. The photovoltaic facility in the Arcadia regional unit consists of bifacial panels on single-axis trackers. The EUR 23.9 million project includes a 33/150 kV substation. The construction works were launched in September 2021.
A 65 MW unit in the municipality of Eordaia near Kozani in Western Macedonia is expected to be finished in July, PPC said. The works, valued at EUR 31.8 million in Agios Christoforos, were started last May. They involve the installation of a 33/150 kV substation.
The company said it would sign a deal with a contractor for Greece’s largest solar power plant by the end of March
The fourth project, comprising Pteleonas 1, Pteleonas 2, Haravgi 1 and Haravgi 5, has a combined capacity of 95 MW. Single-axis trackers support two-sided solar panels. The locations are in the municipalities of Eordaia and Kozani. The construction, which were launched in September, are scheduled to be completed in November. Total budget, at EUR 62.3 million, is also covering the extension of the Haravgi 150 kV substation.
In addition, PPC said it expects to sign a contract with a company that would install its 550 MW solar power plant by the end of the first quarter. The site is in the municipalities of Eordaia and Kozani. The project is worth EUR 216 million. There were six bidders and GEK Terna gave the best offer. The facility would currently be the biggest in Greece.
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