Corporate power purchase agreements – time to get ready!

Authors: Louise Dalton, Partner, CMS London; Ivan Gazdić, Partner, CMS Belgrade; Igor Đorđević, Attorney-at-Law, CMS Belgrade; Charlotte Rihoy, Trainee Solicitor, CMS London To date, renewable energy projects in the Balkans have been supported by traditional feed-in tariff subsidy schemes (FiT). Certain Balkan countries (e.g. North Macedonia and Bulgaria) have begun to implement alternative schemes, such as […]

PPC Renewables may partner with Motor Oil, Helector in green energy

Greece’s national electricity producer PPC is leaning on its green energy firm for the transition away from conventional and dirty technology. PPC Renewables is developing geothermal, wind and solar projects and establishing ventures, where domestic companies Motor Oil Hellas and Helector emerged as next likely partners. Government-controlled Public Power Corp. SA or PPC is discussing […]

Siemens, Uniper exploring green hydrogen use in gas infrastructure

Siemens and Uniper broadened cooperation with so-called brownfield transformation, aimed at decarbonizing energy facilities with hydrogen from renewable sources. Excess wind power could be utilized for electrolysis. Uniper SE and Siemens Gas and Power agreed to work on decarbonization in electricity production and develop coupling solutions, all with the help of the emerging hydrogen technology. […]

Greece gets cheapest solar, wind power so far

Regulators in Greece accepted the offer by an affiliate of PPC Renewables to sell electricity from a planned 200 MW solar power plant. The price achieved at the auction, EUR 49.11 per MWh, is the lowest ever in the country for photovoltaics. The Ministry of Environment and Energy of Greece has said the level of […]