Wind energy segment stalls in Greece with just 125 MW in annual gains
27 January 2025 - Wind energy had a slow year in Greece, as just 125 MW of new capacity was added. The sector hopes for better results in 2025.
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
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
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
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
First battery energy storage auction call published in Greece for 400 MW
19 June 2023 - Greece's regulatory body RAWEW published the call for the long-awaited first auction for battery storage systems
Greece adds only 230 MW in wind capacity in 2022, aims at 7 GW by 2030
25 January 2023 - Greece connected wind farms with a combined 230 MW to the network last year. Total installed capacity rose by just 5.2% to 4.68 GW.
First Sentier preparing bid for Greek renewables company Terna Energy – reports
27 December 2022 - First Sentier Investors is said to have reached an agreement with Greek conglomerate GEK Terna on the purchase of its affiliate Terna Energy
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