Greece to move forward with privatization of energy, mining companies

Minister of Environment and Energy of Greece Kostis Hatzidakis announced plans for a quick sale or partial privatization of companies in the energy and mining sectors. He asserted the government would soon introduce the so-called target model so that power producers would be able to make bilateral supply contracts with corporate consumers. “The government supports […]

Renewables September 17, 2020

450 MW offshore wind park to be built in Adriatic Sea

Italy-based energy services company Saipem has announced plans to build one of the first wind farms in the Adriatic Sea in cooperation with two other domestic firms. The offshore wind power plant, described as the biggest in Italy, will have an installed capacity of about 450 MW. Saipem said the planned wind farm will have […]

Greece wants to use EU recovery funds for green power infrastructure

The government in Athens is preparing the national plan for funds from the Next Generation EU investment package, which the European Commission launched as a response to the damage from COVID-19. The local media learned Greece may lean on manufacturing cables, pylons and other elements for green energy facilities together with power links and other […]

Renewables August 17, 2020

Floating met mast for offshore wind measurements deployed off Makronisos

Greece’s Streamlined Naval Architects LTD in co-operation with ETME, ERGOMARE S.A. and Enalios Diving Center has deployed the FloatMast platform, an innovative floating met mast platform for offshore wind measurements, according to an announcement from Streamlined. The floating met mast is located 250 meters off the coast of the uninhabited Aegean island of Makronisos, at […]

Renewables August 12, 2019

Norway’s Equinor looking into offshore wind in Greece

Norway’s oil and wind energy company Equinor is in an early stage of identifying opportunities concerning offshore wind in Greece, according to a statement from the company, formerly Statoil. “Due to excellent wind conditions offshore, deep waters and the strong industrial/yard and maritime tradition Greece is well positioned to become an important area for floating […]