Renewables

Greece’s PPC Renewables inks first deal for solar power plants at coal pits

Greece's PPC Renewables solar power plants coal pits

Photo: Unsplash

Published

July 15, 2020

Country

Comments

comments icon

0

Share

Published:

July 15, 2020

Country:

Comments:

comments icon

0

Share

The future 230 MW photovoltaic complex in Greece’s northern lignite mining area is divided into three parts and PPC Renewables is yet to select a contractor for the largest unit – 200 MW. Metka EGN just signed its deal for a 15 MW solar park and Terna Energy is selected to build and operate the remainder.

Public Power Co.’s subsidiary PPC Renewables reportedly signed the contract with Metka EGN for the construction of a 15 MW solar power plant, Greece’s first deal with a contractor in a national project to fill lignite open pits and accompanying facilities with solar panels. Metka EGN, part of the Mytilineos group, was selected earlier and it is also among the bidders for a 200 MW project for PPC Renewables.

PPC Renewables turning Greece’s coal areas into PV plants of 3 GW in total

The new agreement for a photovoltaic plant in Ptolemaida in the country’s north is said to be worth EUR 10 million including a substation. The complex in Eordea and Kozani is planned to have the capacity of 230 MW. Greece’s ambitions are for 2 GW in total in the mining region in the Western Macedonia province and another 1 GW in Megalopolis in the Peloponnese and PPC Renewables is responsible for the projects.

Total budget for the 230 MW solar power complex is said to be EUR 131.5 million

Works on the first section are supposed to begin in July. The contract with Terna Energy for another 15 MW, worth EUR 11.5 million, is expected to be inked by the end of the month, domestic media reported. The unit will have solar trackers pointing panels toward the Sun.

Metka EGN participates in tender for 200 MW unit in country’s north

As for the tender for the construction of the 200 MW solar power plant, four other entities are competing with Metka EGN for the design, delivery, transportation, installation and operation of the facility. They are Resinvest, Avax, Archirodon and the consortium of Sunel UK, Sunel Energy and Shanghai Electric Hong Kong. Total budget with two substations is EUR 110 million.

According to unspecified sources, PPC Renewables scheduled the launch of the tender for a 50 MW solar power plant in Megalopolis this month. The photovoltaic unit is envisaged to operate under the target model, where bilateral contracts are signed with private partners. In this case, it can also be PPC Renewables.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

romania bess battery Nova Power & Gas gas power plant

Nova Power & Gas to install 200 MW BESS in Romania

23 July 2025 - Romanian company Nova Power & Gas is also beginning the construction of a 150 MW gas power plant in Florești, of 150 MW.

IRENA 91 percent new renewables units more cost effective than fossil fuel alternatives

IRENA: 91% of new renewables units are more cost-effective than fossil fuel alternatives

23 July 2025 - Renewables maintained their cost leadership in global power markets, the International Renewable Energy Agency said in an annual report

China based Astronergy solar cell factory western Turkey

China-based Astronergy to build solar cell factory in western Turkey

23 July 2025 - Astronergy allocated USD 700 million for its second solar module factory in Turkey. In the first phase, it would make wafers and cells.

croatia vireas agency north AI energy

Meet VIREAS: new AI-powered virtual assistant for energy

22 July 2025 - The VIREAS app is an interactive platform that enables users to engage with an AI assistant on various topics related to energy