Masdar, Taaleri to establish 65-MW PV project in Greece

• Finnish renewable energy programmer Taaleri Energia Ltd and Abu Dhabi Future Energy Company PJSC, better called Masdar, will certainly establish a 65-MW solar project in Greece.

Via their joint endeavor (JV) for Central and also Eastern Europe, Masdar-Taaleri Generation (MTG), the duo will certainly co-develop the solar (PV) park with local companions, the Constantakopoulos family members as well as automobile company Autohellas SA (ATH: OTOEL).

To be located in the region of Viotia, approximately 65 km north of Athens, the project will participate in Greece's feed-in-tariff premium public auction plan arranged for late 2021. This is the UAE-based firm first investment in the Greek market.

Masdar expects construction works to be performed in 2023 and also once in operation, the solar plant will can generating more than 100 GWh of electrical energy every year.

Relating to other European assets, Masdar is co-investing in the 158-MW Cibuk 1 wind farm in Serbia together with funds taken care of by Taaleri Energia. The companies likewise have acquired an equivalent share in 2 ready-to-build wind farms in Poland, the 37.4-MW Mlawa and also the 14-MW Grajewo.