Albania, Italy sign undersea cable deal with UAE as strategic partner
15 January 2025 - Albania, Italy and the UAE agreed to install an electricity interconnector under the Adriatic Sea between Vlora and Puglia
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
Southeastern Europe has major role in Masdar’s 100 GW target
08 October 2024 - The acquisition of Terna Energy will facilitate Masdar’s growth in the CEE region and beyond, Business Development and Investment Director Ahmed Al Awadi said
Masdar to take over Terna Energy in deal worth EUR 3.2 billion
20 June 2024 - Masdar is expanding in Greece and Europe by buying Terna Energy for EUR 2.4 billion, translating to an enterprise value of EUR 3.2 billion
Andritz to supply turbines for pumped storage hydropower plant Amfilochia in Greece
25 January 2024 - Greece-based Terna selected Andritz to supply the six units for its Amfilochia pumped storage hydropower project
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, Italy to speed up second submarine electricity interconnection project
23 November 2023 - Greece and Italy are planning to triple their power interconnection capacity by 2031 by building a 1 GW undersea line.
EU adds Greece-Egypt power interconnection project to PCI/PMI list proposal
26 October 2023 - Copelouzos Group's subsea electric cable project GREGY for linking Greece and Egypt made it to the EU's proposed PMI list
Italy’s TSO Terna advances project for another subsea power interconnection with Greece
20 October 2023 - Italy and Greece are set to expand their electricity interconnection capacity to 1.5 GW by laying two cables of 1 GW in total on the seabed
Amari hybrid power plant in Crete becomes Greece’s strategic investment project
18 April 2022 - Greece awarded a strategic investment status to Terna Energy's project to combine wind power and pumped storage hydropower in Amari in Crete
First floating PV plant to be built in Greece by Terna – global market to reach 4.8 GW by 2026
19 January 2022 - Floating PV technology is making its first steps in the Balkan region, with companies in Greece, Albania, Romania and Montenegro investing