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 […]
Terna Energy starts building 10.8 MW wind park in central Greece
Infrastructure works began on the construction of Terna Energy’s wind power plant, which will be part of a 67 MW complex in the Evrytania area. The company has a EUR 1.5 billion program for investment in renewables and it just raised 68.5 million in capital. Terna Energy launched the construction of a wind park in […]
Italy-Montenegro undersea power interconnector put in operation
Italian energy company Terna has put in operation an undersea power interconnector between Italy and Montenegro, built in an investment of some EUR 1.1 billion. Italian President Sergio Mattarella and his Montenegrin counterpart, Milo Đukanović, pressed the button to switch the cable on, according to Montenegrin media. The undersea power interconnector links the electrical substations […]
Greece hits 3 GW wind energy milestone
Greece’s cumulative wind energy capacity has exceeded 3 GW, according to the latest data from the Greek Wind Energy Association (ELETAEN). Greece hit the 3 GW milestone on May 20, with an Enercon E-70 E4 2300kW wind turbine installed at the Trikorfo wind farm, ELETAEN said in a press release, noting that the achievement was […]
Submarine power cable promotes Montenegro as energy hub for Balkans – Ferraris
The Montenegro-Italy submarine power cable has been deployed under an investment that will enable Montenegro to become an energy hub for the Balkan countries, said Terna CEO Luigi Ferraris, adding that the commencement of commercial use is planned by the end of the year. On the occasion of the successful completion of the 445-kilometer submarine […]
Greece sees 191.6 MW in new wind capacity connected to grid in 2018
The Greek Wind Energy Association’s (ELETAEN) latest data shows that 191.6 MW in new wind energy capacity was connected to the grid last year. This was an increase of 7.2% compared to 2017, ELETAEN’s data shows. A total of 103 new wind turbines with a combined capacity of 191.6 MW were connected to the grid […]
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 […]
Terna to complete Italy-Montenegro power line by end-2019, halves initial capacity
Italian energy company Terna has said it plans to complete the Italy-Montenegro electricity interconnector project by the end of 2019, slipping the project conclusion from the previously targeted date in 2018, while also halving the planned initial capacity to 600 MW, according to reports. The submarine cable has been laid, receiving points completed, and the […]
