Motor Oil Hellas
Greece extends Meliti lignite plant operation for energy security in winter
03 December 2024 - Greece has extended the operation of its Meliti lignite plant by three months in order to maintain the stability of its energy system
EU clears Masdar’s takeover of Greek company Terna Energy
15 October 2024 - Masdar passed the main hurdle in the acquisition of Greece-based Terna Energy as it obtained a green light from the European Commission
First guarantees of origin auction in Greece attracts 14 participants
26 June 2024 - The first guarantees of origin (GO) auction took place today in Greece with the participation of 14 companies
Premier Energy, Motor Oil launch joint venture for hybrid power plants in Romania
24 June 2024 - Premier Energy established a firm in Romania with Greece-based Motor Oil that bought two PV projects of 86 MW in total, with storage
11 projects selected in Greece’s second energy storage auction
15 February 2024 - Seven companies have won support for 11 standalone battery projects at Greece's second energy storage auction
Greece breaks records in renewables, energy efficiency in 2023
24 January 2024 - Renewables including large hydropower plants covered more than half of demand in Greece for the first time last year, alongside other records
Greece plans 1.7 GW of electrolyzers, string of new projects to become green hydrogen leader
24 August 2023 - Green hydrogen and renewable gasses are considered a must for the decarbonization of hard-to-abate sectors, such as transportation and shipping
Three carbon capture projects in Balkans get grants from EU’s Innovation Fund
14 July 2023 - The EU selected Motor Oil Hellas, Titan Cement and Holcim's subsidiary in Croatia among 41 firms for grants from the Innovation Fund
Oil companies in Southeastern Europe accelerate renewable energy investments
30 May 2023 - INA, OMV Petrom, Motor Oil and MOL revealed a series of investments that indicate a shift in the sector toward renewables in the region
Hellenic Hydrogen to install electrolyzer of up to 100 MW in Greece’s coal region
02 May 2023 - The Western Macedonia region in Greece is set to host a large-scale electrolyzer, which Hellenic Hydrogen intends to build by 2027
Motor Oil, PPC establish Hellenic Hydrogen company
03 February 2023 - Motor Oil and PPPC proceeded with the establishment of Hellenic Hydrogen. The firm will produce and store green hydrogen in Greece.
Battery fever grips Greece with firms launching hundreds of projects
09 January 2023 - A large number of domestic and foreign companies are interested in building energy storage plants in Greece using battery technology