Greece gives concern status to near 1 GW of solar projects

• Solar projects with an incorporated ability of approximately 1 GW, mostly in the Thessaly region of Greece, will certainly be fast-tracked and also taken into consideration strategic financial investments, the federal government said last week.

The top priority condition was awarded by The Interministerial Board of Strategic Investments of Greece to a 630-MW/700-MWp project by investment firm Enipeas Monoprosopi SA and a 362.75-MW proposition by Karatzis Group. As critical investments, these systems enter an increased allowing process and also will certainly be able to obtain different incentives. Such projects are understood by either the federal government, exclusive companies or with public-private collaborations.

With a financial investment of EUR 350 million (USD 411.8 m), Enipeas plans to develop a large solar park in the town of Farsala in Thessaly, to be capable of producing 1.02 TWh of power annually. The facility will be combined with battery storage capacity.

Karatzis Group, meanwhile, will put EUR 184.5 million to build a cluster of 52 solar (PV) plants throughout 550 hectares (1,359 acres) of land in Kilkis, north of Thessaloniki, and in Larissa, Thessaly.