Cero's 100-MW Solar Farm Begins Operations in Greece

Sep 3, 2024 01:31 PM ET
  • Cero Generation's Delfini solar farm in Greece powers 58,140 homes with 100 MW of clean energy—no subsidies required. A bright step towards sustainable living!

Cero Generation has announced the commencement of commercial operations for its 100-MW Delfini solar farm located in Drama, Greece. The facility, situated in the East Macedonia and Thrace region, is expected to generate 157 GWh of clean electricity annually, enough to power 58,140 homes.

Engineering, procurement, and construction for the project were executed by a joint venture of Ameresco Inc. and Greece's Sunel Group. Notably, the Delfini solar farm operates without Greek government subsidies, having secured a power purchase agreement with Swiss trader Axpo, and is supported by the Next Generation EU Recovery and Resilience Facility.

What are the key features and impacts of Cero Generation's Delfini solar farm?

Here are the key features and impacts of Cero Generation's Delfini solar farm:

Key Features:
- Capacity: The Delfini solar farm has a capacity of 100 megawatts (MW), positioning it as a substantial contributor to renewable energy production in Greece.
- Location: It is strategically located in Drama, within the East Macedonia and Thrace region, known for its favorable solar irradiation levels.
- Annual Energy Production: The facility is projected to generate approximately 157 gigawatt-hours (GWh) of electricity yearly, providing a significant boost to the local energy supply.
- Homes Powered: The energy produced is sufficient to power around 58,140 homes, showcasing the scale of its contribution to residential energy needs.
- Construction Consortium: The engineering, procurement, and construction were carried out by a notable joint venture between Ameresco Inc., a U.S.-based renewable energy company, and Greece's Sunel Group, leveraging their expertise in solar technology.
- No Government Subsidies: Distinctively, the Delfini solar farm operates independently of Greek government subsidies, which reflects an innovative financing model.
- Power Purchase Agreement (PPA)**: Cero Generation has secured a PPA with Switzerland's Axpo, ensuring a stable buyer for the energy produced and enhancing the project’s financial viability.
- Next Generation EU Initiative: The project is supported by the Next Generation EU Recovery and Resilience Facility, aligning with broader European Union goals to enhance sustainability and energy independence.

Impacts:
- Environmental Benefits: By generating clean electricity, the Delfini solar farm contributes to reducing greenhouse gas emissions, thereby aiding Greece’s commitment to combat climate change.
- Economic Contribution: The project supports local economies through job creation during both construction and ongoing operations, providing significant employment opportunities in the renewable energy sector.
- Energy Security: The additional renewable energy capacity enhances Greece's energy security, reducing reliance on fossil fuels and imported energy sources.
- Promotion of Renewable Energy: The successful development of Delfini may encourage further investments in renewable energy initiatives within the region and inspire similar projects throughout Greece and Europe.
- Community Engagement: As a large-scale solar project, it presents opportunities for community involvement and awareness regarding renewable energy technologies and sustainability practices.
- Technological Advancements: By utilizing advanced solar technology and practices from the joint venture partners, the Delfini solar farm sets a benchmark for innovation in the renewable energy sector.

In conclusion, Cero Generation's Delfini solar farm exemplifies how strategic investments in renewable energy can lead to substantial environmental, economic, and social benefits while promoting energy independence and sustainability.




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