Egnatia expects strategic investment status for 1.5 GW in solar power
The Interministerial Committee of Strategic Investments of Greece put a 1.48 GW solar power plant plan filed by Egnatia Group on the list for consideration. The company developed projects for hundreds of photovoltaic units, estimating they would cost EUR 888 million in total. Almost five months after Egnatia Group submitted documentation to Enterprise Greece, its […]
National Bank of Greece raises EUR 500 million via green energy bonds
NBG sold green energy bonds worth EUR 500 million with the obligation to invest the funds in hydropower, wind parks and photovoltaic projects in Greece. The European Bank for Reconstruction and Development revealed it invested EUR 50 million in a six-year senior preferred green debt issuance by the National Bank of Greece (NBG). The Greek […]
China completes world’s second-largest solar power plant
Huanghe Hydropower Development connected its photovoltaic park of 2.2 GW to the grid. The second-biggest solar power plant in the world is located in Qinghai, China, and includes an energy storage system of 202.9 MW supplied by domestic company Sungrow. It is part of a giant renewables project, which is planned to reach 16 GW. […]
Greek gas firm DEPA Commerce in talks to enter wind, solar projects
In line with its declared strategy to create a 200 MW renewable energy portfolio, Greek state-controlled DEPA Commerce is negotiating with project developers to participate in planned wind parks and photovoltaic systems or buy stakes in such power plants that are under construction, according to local media. The gas supplier co-owned by Hellenic Petroleum is […]
Greece approves first 30 applications for renewables under simplified rules
The Regulatory Authority for Energy issued 30 production certificates for investors in renewable sources. It is the first batch of applications for which Greece implemented its new regulations as it scrapped the production license and merged stages in the procedure. The future solar and wind power plants are planned to have a capacity of 307 […]
Vienna will equip all its public buildings with solar PV systems
Within its measures to mitigate the climate change impact, the Austrian capital made sure more than half of its territory are green spaces. Ulli Sima, Executive City Councillor for the Environment and Vienna Public Utilities, told Balkan Green Energy News that the local authority would install photovoltaic systems on all the buildings it owns and […]
Agrivoltaic solar project of 13 MW underway in Cyprus
Thalis Engineering is tasked with studies, installation and management of the first agrivoltaic plant in Cyprus on behalf of Royal Valley. The pilot project is for a simultaneuos production of electricity, with a capacity of almost 13 MW and a battery system, and agricultural activity. The Department of Agriculture of the Ministry of Agriculture, Rural […]
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 […]