Renewables

PPC Renewables invites bids to build, operate 10 MW wind farm

Photo: Pixabay

Published

July 26, 2018

Country

Comments

0

Share

Published:

July 26, 2018

Country:

Comments:

0

Share

Greece’s PPC Renewables, a subsidiary of the country’s majority state-owned power utility, Public Power Corporation (PPC), has invited bids for the design, procurement, transportation, installation, and commissioning of a 10 MW wind farm on the Ionian island of Kefalonia.

The would-be wind farm contractors are to submit their offers by September 10. The estimated project value is EUR 9.4 million, not including VAT.

The future contract would also cover operation and maintenance services over 14 years, and the indicative budget for this is EUR 3.47 million, not including VAT.

Helector selected as top bidder for geothermal partnership

PPC Renewables has meanwhile selected Greece’s waste-to-energy producer Helector, part of the Ellactor group, as the highest bidder for a strategic partnership in the field of electricity production from geothermal sources.

A consortium comprising Greek renewable energy company Terna Energy and sister company Terna Aioliki Xerovouniou, was selected as the reserved bidder for the acquisition of 51% of the share capital of the special purpose vehicle (SPV) for the development of geothermal power plants.

The two bidders had placed the only two second-round binding offers and later improved them.

The signature of the transaction documents and the closing of the transaction is subject to a series of approvals and conditions, PPC Renewables said in a news release.

PPC Renewables launched tendering to select the strategic partner for the installation of power stations to utilize four geothermal fields about a year ago.

PPC Renewables’ project envisages setting up a joint venture with the strategic partner to develop geothermal power stations of at least 8 MW on the island of Lesbos and 5 MW each at the other three locations.

In the first round, binding bids were also submitted by Enel Green Power Hellas, France-based Storengy, Singapore’s KS Orka, and Zorlu-Turboden, a Turkish-Italian joint venture, according to earlier reports.

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

Croatia launches auctions for premiums for large power plants

Croatia launches auctions for renewable energy utility-scale power plants

24 June 2022 - The deadline for submitting bids for the award of premiums is July 4, according to the public call published by HROTE

EP votes protect EU industry after CO2 border tax fully implemented

EP votes to protect EU industry even after CO2 border tax is fully implemented

23 June 2022 - MEPs want to maintain free emission allowances for industrial producers in the EU after the CO2 border tax is fully implemented in 2030

Italy s Cingolani Wholesale gas price cap necessary stop manipulation

Italy’s Cingolani: Wholesale gas price cap is necessary to stop manipulation

22 June 2022 - Italian Minister Roberto Cingolani said his country's proposal to limit wholesale gas prices in the EU is gaining support

RWE Commerzbank offshore wind mid-sized firms mittelstand

RWE offers German companies ownership in its 1 GW offshore wind farm

22 June 2022 - RWE and Commerzbank intend to establish a 'Green Mittelstand Fund' to offer med-sized firms to secure supply of green electricity