Terna

Masdar eyes record-breaking EUR 3.2 billion takeover of Terna Energy SA, signaling major growth in EU renewables market.

A solar photovoltaic or pv (PV) project with a capacity of 240.7 MW in Greece has been granted environmental approval by the country's Ministry of the Interior, the latter announced on Friday.

Italian grid driver Terna will certainly invest EUR9.5 billion (US$ 10.45 billion) to aid improve the country's nationwide transmission grid and construct cross-border affiliations, paving the way for less complicated accessibility for renewables.

Italian grid operator Terna has actually acquired Italian solar O&M supplier LT in a EUR24 million (US$ 27.8 million) purchase.

The renewable energy arm of Greek utility PPC SA (ATH: PPC) has selected Terna SA to construct 50 MW of solar parks in the Peloponnese region, the contractor claimed on Thursday.

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.