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Greece's 2nd PV-wind public auction to tender 500 MW in April
Greece's following renewable resource tender, on April 2, will certainly consist of solar as well as wind power and also will certainly include a EUR61.32/ MWh (EUR0.06132/ kWh) rate ceiling. Interested prospective buyers have till February 25 to pre-qualify for the purchase workout and also have to hold a generation certificate released by power regulatory authority a grid as well as the rae link arrangement. Prospective buyers will certainly additionally need to pay a EUR5,000 cost as well as send appropriate monetary letters of assurance. Competitors needs put on the tenders imply bids for 700 MW of generation ability have to be gotten for the complete 500 MW of projects to be assigned. The quantity of brand-new projects granted will certainly be minimized proportionately if the tender is much less than 40% oversubscribed. Projects interpretation The tender will certainly be open to solar centers with a generation capability of a minimum of 20 MW, which can be accumulated from project teams as long as they consist of a minimum of 2 solar ranches as well as link to the grid by means of a solitary substation. Collections of joint PV as well as wind projects making use of a solitary substation can likewise bid supplied they have a complete ability larger than 50 MW. For wind projects the minimal capability is 50 MW, which can additionally be accumulated from smaller sized projects via one substation and also the purchase round is additionally open up to PV and also wind projects formerly approved 'calculated financial investment' standing by the federal government. The very first such PV-wind capability tender, kept in April, brought in the country's most inexpensive tidy power rate-- EUR0.053/ kWh for a 60 MW solar ranch created by French state-owned utility EDF. Greece's brand-new organisation landscape Dionysios Papachristou, organizer of RAE's renewable resources public auction group and also supervisor of the regulatory authority's press and also public relationships workplace, informed pv magazine Greece's renewable resource tenders have actually achieved success in lots of means. Papachristou stated the clear public auction routine had actually continuously driven down the expense of tidy power given that a pilot tender in December 2016 and also had actually cultivated a market-driven power organisation society in Greece. The regulatory authority holds routine occasions to assist notify power capitalists. "We attempt to be open, interact the affordable personality of the tender regimen as well as get to capitalists with specific-themed workshops," claimed Papachristou. "This is a completely brand-new fact." Due to the fact that of a big stockpile in refining the generation certificate applications called for by renewables designers to be qualified to complete in nationwide ability public auctions, the regulatory authority has actually come in for hefty objection. Papachristou stated that was mainly to absence of team in a company taking care of succeeding waves of regulative reform as well as a substantial variety of certificate applications. The pro-business federal government of Kyriakos Mitsotakis which was chosen in 2014 introduced last month a brand-new electronic licensing routine will certainly be taken on which will certainly reduce the obligation of the REA to busily refine applications. The brand-new system will certainly be introduced as part of the federal government's purpose to include 5 GW of solar generation ability by 2030.
Feb 7, 2020 // Markets & Finance News, Greece, tender, Europe, auction, Dionysios Papachristou
Israeli crew gets in Greek market with 378MW pipeline
by Kenlov's expanding in-house team under the management of newly assigned Greece country manager Giannis Lazarou. The continuing to be 155MW have actually
Jul 11, 2022 // Markets & Finance News, Israeli, Greek, Kenlov Renewable Energy, Yehuda Halevy
Mytilineos To Invest In 2.6GW Solar, Battery Storage
Investment Bank (EIB) to install 2.6 GW of solar and storage capacity across Greece and other EU countries by 2027. The investment will enable the rollout of EUR
Jan 3, 2024 // Markets & Finance News, Mytilineos
STEAG Solar prepares 480MW of Greek projects
STEAG Solar Energy Solutions (SENS) will begin building 480MW of PV parks in Greece following year. With 348 days and 2,800 hours of sunlight each year,
Oct 21, 2021 // Plants, Large-Scale, Commercial, Greece, Europe, PV Power Plant, STEAG
Masdar's EUR 3.2bn Takeover Bid for Terna Energy
higher at EUR 19.33. This move aligns with Masdar's growth ambitions in Greece and Europe, aiming to reach a global capacity of 100 GW by 2030. Terna,
Jun 20, 2024 // Markets & Finance News, Masdar, Terna
Juwi starts panel install at 204MW Greek PV website
actually set up the first solar modules at a 204MW solar project in northern Greece. The Kozani solar park, needing EUR136m in financial investment, is scheduled
Apr 15, 2021 // Plants, Large-Scale, Commercial, Greece, Europe, juwi, Solar Park, Takis Sarris
Cero picks partners to provide 100MW Greek PV project
Group as companions to provide a 100MW solar photovoltaic (PV) project in Greece. The Delfini solar plant is anticipated to get to conclusion by the third
Aug 17, 2022 // Plants, Large-Scale, Commercial, Greece, Europe, ameresco, PV Power Plant, cero generation, Sunel Group
Greek-German governments agree on 10-year green investment plan
Merkel.   The leaders agreed to establish a green investment plan for Greece for 2020-30, which will include backing for renewable energy development as
Sep 1, 2019 // Markets & Finance News, Greece, Germany, Europe, Angela Merkel, Kyriakos Mitsotakis, George Stassis, Akuo Energy, juwi
EIB funds DEPA for 800 MW Greek solar project
from the European Investment Bank to add 800 MW of solar power capacity in Greece. The loan will cover 75% of the project's total costs, which are estimated to
Jul 29, 2024 // Plants, Large-Scale, Commercial, Greece, Europe, PV Power Plant, DEPA Commercial
Eni acquires Greek solar developer
subsidiary Eni gas e luce, has actually acquired the business Solar Konzept Greece from Solar Konzept International. Solar Knozept global is based in Hamburg,
Jan 13, 2022 // Markets & Finance News, Greece, Europe, Eni, Solar Knozept international
Juwi Sells 267-MW Greek Solar Portfolio to Foresight, Mirova
renewables developer Juwi GmbH has sold a 267-MW solar portfolio in Greece to investment firms Foresight and Mirova. Juwi will continue to serve as the EPC
Jul 29, 2024 // Plants, Large-Scale, Commercial, Greece, Europe, PV Power Plant, Juwi GmbH
New Greek JV targets 750MW solar drive
greater than 480MW early-stage projects. The bigger objective is supported by Greece's arising power purchase arrangement market, the companions said. The
Jul 12, 2021 // Plants, Commercial, Markets & Finance News, Greece, Europe, macquarie, Green Investment Group, Nikolaj Harbo, Ypatios Moysiadis
Akuo's Crowdfunding Campaign for Greek Solar Parks
power producer Akuo is seeking crowdfunding for a 4-MWp solar complex in Greece, with an initial target of EUR 1 million. The funds will be raised through the
Jul 4, 2024 // Plants, Large-Scale, Commercial, Greece, Europe, akuo, PV Power Plant
UK designer unveils 100MW Greek PV project
is to construct a 100MW solar farm called Delfini in Prosotsani Drama, Greece. Cero said that Delfini will certainly be the first solar project in
Jul 15, 2022 // Plants, Large-Scale, Commercial, Greece, UK, Europe, solar farm
KGAL enters 176MW Greek solar JV
for the development and construction of 2 solar parks, amounting to 176MW, in Greece. The Volos project (81MW) is located in main Greece and also the Evros
Jan 24, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Greece, Europe, KGAL, Michael Ebner