Egnatia anticipates strategic financial investment condition for 1.5 GW in solar power

• The Interministerial Committee of Strategic Investments of Greece placed a 1.48 GW solar power plant plan filed by Egnatia Group on the list for factor to consider. The business developed projects for numerous solar devices, estimating they would set you back EUR 888 million in total amount.

Practically five months after Egnatia Group sent documentation to Enterprise Greece, its proposal for a solar power plant network was approved for testimonial prior to the choice on the condition. The Interministerial Committee of Strategic Investments, also a state company, agreed to consider the strategy to install hundreds of solar centers.

The company estimates the 1.48 GW project can set you back EUR 888 million and that the power plants could generate 2.15 TWh annually. The places are in north and central Greece. The corporation composed 240 long-term jobs would certainly be produced in overall.

Egnatia focuses on Central Macedonia in solar power press

The Central Macedonia district controls with half a gigawatt in 77 intended solar power plants, and Egnatia set aside EUR 300 million through its subsidiary Egnatia Group IKE. Thessaloniki has a share in the spending plan of EUR 163 million for 271.7 MW as well as 52 sites.

Most of the land is private and designated as having a reduced productivity and also the investor requested part of the infrastructure to be created in public meadow and forest locations, according to the documentation. Egnatia secured the land, fixed the possession standing and established the budget for the layout, setup as well as procedure of the solar parks.

Construction stage brings 22,740 jobs

Some of the projects are in secured areas, so they need environmental influence evaluations. The firm claimed the photovoltaic or pv plants would enable the reduction of carbon dioxide emissions by 1.92 million bunches each year which 22,740 people would work during the building and construction duration.

Egnatia just recently protected producer certificates for 12 solar projects with a complete capability of 86.8 MW.

Renewables among critical financial investments

The board gave 14 projects the critical investment status given that December. They are worth EUR 1.79 million as well as mainly in the tourism field, but 2 are for renewables.

Notias-- East PV, regulated by Total Eren, is planning photovoltaic devices and also wind farms of an overall 177 MW, worth EUR 214 million, while Consortium Solar Power, owned by Solar Century from the United Kingdom, will set up a solar energy plant collection of 284 MW and also expenditures are approximated at EUR 172 million.

2 eco-friendly energy projects currently secured the calculated financial investment condition and also three are under consideration

Two other ventures are waiting on approval along with Egnatia. Kamaridis GlobalWire intends to build 5 wind ranches with a complete capability of 120.3 MW. The projects are valued at EUR 121.2 million. Terna is prepared to mount 18 wind power systems in Karystou in the island of Evia, of 360 MW. The investments are estimated at EUR 585 million, Ypodomes reported.

The three projects that the Interministerial Committee of Strategic Investments of Greece is evaluating are worth a consolidated EUR 1.59 billion.