Greece to offer 456 MW in mixed wind and solar capacities in April 15 auction
Greece’s energy regulator, RAE, will offer 456 MW in the country’s first mixed renewable energy auction on April 15, having received eight applications for a total of 637.78 MW in wind and solar capacities. The applications were submitted by the March 21 deadline, energypress wrote. A 200 MW solar park project planned by PPC Renewables […]
PPC secures EUR 255 million loan to upgrade electricity distribution network
Greece’s Public Power Corporation has secured EUR 255 million to upgrade the electricity distribution network operated by the Hellenic Electricity Distribution Network Operator (HEDNO), its subsidiary. The upgrade is part of a EUR 510 million national investment programme implemented by HEDNO in the 2017-2020 period. The first part of the European Investment Bank (EIB) loan […]
PPC Renewables invites bids to build, operate 10 MW wind farm
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 […]
Greece launches regular renewable energy auctions in shift from standard FIT model
Greece has held its first regular competitive auctions for renewable energy capacities, after significantly trimming the offered capacities as a result of rejecting a slew of applications over technical matters. The descending-price renewable energy auctions, representing a shift from the standard feed-in tariff (FIT) model, resulted in considerably lower rates to be paid to investors […]
PPC Renewables’ geothermal partnership draws two 2nd round binding bids
Only two second-round binding bids were submitted for geothermal development partnership with Greece’s PPC Renewables, a subsidiary of the country’s majority state-owned power utility, Public Power Corporation (PPC), by the June 1 deadline, according to reports. The second-round binding bids for the geothermal partnership with PPC Renewables were filed by Greece’s waste-to-energy producer Helector, part […]
PPC Renewables readies to develop 700 MW in RES capacity
PPC Renewables, a wholly-owned green energy subsidiary of Public Power Corporation, the main power utility in Greece, is ready to develop 700 MW in renewable energy sources (RES) capacity, mostly in the wind and photovoltaic energy fields. While waiting for the upcoming auctions in renewable, scheduled for April in Greece, PPC Renewables has announced that […]
Greek PPC says it is close to acquire leading electricity trading company in FYROM
Public Power Corporation (PPC), the Greek national power generation company, has announced that it is close to a deal for the acquisition of Energy Delivery Solutions (EDS), the leading electricity trading company in Former Yugoslav Republic of Macedonia (FYROM). In its statement, PPC said that this initiative comes within the framework of its business strategic […]
PPC to sign agreement with China Development Bank
China Development Bank (CDB) and the Public Power Corporation (PPC) are due to sign a memorandum of understanding in Thessaloniki on Saturday, September 9. The agreement will be inked during a conference titled “Investment Opportunities in Southeastern Europe – Trends and Challenges in the Energy Sector.” Conference is being organized by PPC within the framework […]