Greece Shines: Karatzis Group Building 271 MW Solar Parks
Karatzis Group is building three 270.8 MW solar parks in Thessaly. Cost is estimated to be EUR 190.8 million with financing from Greece's Recovery & Resilience Fund and Karatzis' cash flows. Equipment supply contracts signed and expected to go into commercial operation in 2021. PPA with Mytilineos SA and grid-connection for 330 MW of solar parks also in progress.
Nov 24, 2023 // Plants, Large-Scale, Commercial, Greece, Europe, PV Power Plant, Karatzis Group
Mytilineos Wins 490MW Solar EPC Deal
Mytilineos SA wins tender to build EPC works for 490-MW solar project in Greece & UK. Mytilineos to construct 18 to 135 MWp projects in Greece, 373-MW project in UK with completion in 2021. Unlock new renewable energy potential with Mytilineos.
Nov 2, 2023 // Large-Scale, Markets & Finance News, Greece, UK, Europe, Solar Project, Mytilineos SA
Juwi Acquires Hive's Greek Solar Quartet of 267MW
Hive Energy takes its first step in Greece with the sale of four 267MW solar projects to Juwi Hellas. These solar parks are expected to provide enough energy to power 100,000 homes, with construction set to begin in 2021. This marks Juwi Hellas' 61st solar project in Greece with a total capacity of over 300MW.
Nov 1, 2023 // Markets & Finance News, Greece, Europe, PV Power Plant, hive energy
Enphase Powers Up Greece's Solar Market
Enphase Energy Inc enables Greece to meet its 2 GW solar PV capacity goal with its IQ8 microinverters and batteries, offering subsidies of up to 65% for solar plant installation and 90% for batteries. Take part in the net-metering programme to help balance the grid.
Oct 24, 2023 // Storage, Inverters, Greece, Europe, Enphase
Greece's BESS Tender Allocates 411.8MW
Greece's Regulatory Authority for Energy (RAE) has successfully allocated 411.8 MW of projects from 93 proposals, surpassing the 400 MW target for the first BESS tender. 12 projects from 7 developers will receive financial aid for investment and operation over a 10 year period. Projects are expected to be operational by the end of 2025.
Aug 17, 2023 // Storage, Greece, tender, Europe, BESS
Greece: PPC Wins 98MW Battery Storage Support
PPC Renewables secures investment grant and operating aid for 98 MW of battery energy storage projects in Western Macedonia in 2021. To be brought into operation in 2025, these projects will join the 280 MW of solar projects also located in the region.
Aug 15, 2023 // Storage, Greece, Europe, PPC Renewables, Western Macedonia
RWE, PPC Launch 280 MW Solar in Greece
RWE and PPC invest in 280 MW solar park in Greece. Project expected to provide clean energy to region by the end of 2021 with PPC purchasing the entire output in 15 year PPA. Partially funded by the Greek RRF and 3 local banks with shareholders' equity. Part of 2 GW of large-scale solar projects.
Aug 2, 2023 // Plants, Markets & Finance News, Greece, Europe, rwe, PV Power Plant, PPC
RWE, PPC Launch 259MW Greek Solar Trio
RWE and PPC joint venture Meton Energy have made the final investment decision to build 3 solar projects totalling 259MW in northern Greece. Construction set to start in autumn 2021, with projects due to be operational by 2024. €196m investment provided by EU funds, finance from Alpha Bank, Eurobank & NBG, plus €39m in equity. Meton Energy & RWE developing solar farms with capacity up to 2GW in Greece.
Aug 1, 2023 // Markets & Finance News, Greece, Europe, rwe, PPC
Motor Oil Group includes 2GW Greek solar portfolio
The business took a majority risk in Unagi SA, which holds shares in 16 PV projects
May 29, 2023 // Markets & Finance News, Greece, Europe, Motor Oil Group
Enel halts stake sale in Greek renewable business - report
The suggested sale of a 50% passion in Enel SpA's (BIT: ENEL) Greek renewable energy subsidiary has actually been momentarily frozen, Greek news website Newmoney reports.
May 26, 2023 // Markets & Finance News, Market Research, Greece, Enel, Europe
Italian tissue paper maker to power Greek ops with solar from RWE, PPC
Italian tissue paper and also sanitary items maker Sofidel has actually tattooed a 10-year solar power off-take sell Greece that will enable it to get some 21 GWh of electrical energy annually for its neighborhood manufacturing base.
May 18, 2023 // Markets & Finance News, Greece, Italy, Europe, rwe, PPC, Sofidel
Greece introduces EUR-238m rooftop solar subsidy programme
The Greek government has actually officially fired the beginning weapon of a EUR-238-million (USD 261.8 m) programme that will certainly subsidise the installment of rooftop solar systems coupled with battery storage.
May 5, 2023 // Markets & Finance News, Rooftop PV, Greece, Europe
Athens airport commissions 15.8 MW solar power plant
The Athens International Airport is now covering two thirds of its electricity needs with solar energy-- a 15.8 MW center has been added to an 8.05 MW solar unit constructed in 2011.
Apr 13, 2023 // Plants, Greece, Europe, energy transition, Solar Power, PV Power Plant, Electricity, decarbonization, renewable energy sources, Athens
Greece's Athens airport turns on 16-MW solar park
The Athens International Airport (AIA) in Greece has put on stream a 16-MW solar park that will certainly create power to cover around 45% of its annual electrical power consumption.
Apr 12, 2023 // Plants, Greece, Europe, Solar Park, Athens airport
Greece introducing EUR-200m solar-storage subsidy system
The Greek government is opening for submissions in April a new subsidy programme targeting the installment of small solar photovoltaic or pv (PV) systems and also batteries in the domestic as well as agricultural segments.
Apr 4, 2023 // Markets & Finance News, Storage, Greece, Europe