First floating solar power plant project started in Greece

• PPC Renewables plans to set up floating solar energy plants with 50 MW in total, beginning with one of the largest lakes in Greece It would be the initial such system in the country.

The subsidiary of Public Power Corp. entrusted with the energy change submitted an additional set of applications for photovoltaic plants as part of its press to change open actors coal mines as well as thermal nuclear power plant of 3.5 GW in Greece with green power capability. It submitted documentation for 650 MW with the Regulatory Authority for Energy (RAE) on top of the 1.9 GW in photovoltaics that it currently got licenses for, and also 50 MW in the package is for floating nuclear power plant, neighborhood media reported.

The first such facility in the nation is intended to be improved the artificial Polyfytos lake on the Haliacmon river, according to unofficial information. The area for the floating solar energy project is in Kozani in the north part of Greece.

Numerous readily available sites in north Greece.

At 73 square kilometers, Polyfytos is just one of the largest in the Balkan state. PPC Renewables is stated to be established to cover other fabricated storage tanks in the area with photovoltaic panels. There are lakes on rivers Acheloos, Nestos as well as Arachthos in addition to watering centers as well as open pit coal mines en route to be shut.

The overall size of the new applications is 650 MW, residential news outlets found out. The Liberal wrote PPC intends to look to offshore wind farms next. The dam on the Haliacmon hosts the 375 MW Polyfytos hydroelectric system.

Floating solar power plants are attractive as no or marginal land purchase is required, among other elements. There are 2 floating solar energy plant projects in surrounding Albania.

Renewable energy projects of 24 GW in complete submitted for licenses

PPC has actually allocated EUR 3.4 billion for investments via 2023, of which 34% is intended for renewables. The state-owned utility targets an increase in environment-friendly power outcome to 1.6 TWh from 0.3 TWh per year.

In various other news, as many as 1,200 applications were submitted to the RAE for renewables manufacturer certifications for a total capacity of 24 GW in the December round also prior to the expiration of the due date. Photovoltaic projects account for 850 MW and wind farms take part with 250 MW.

PPC reportedly received 19 applications for the sale of 49% in the Hellenic Electricity Distribution Network Operator (HEDNO), likewise understood for its Greek acronym DEDDIE. According to unnamed sources, United States-- based financial investment monitoring business Blackrock is among them. The target date for expressions of passion ends on January 29.