Tag Archives: Greece

Amazon invests in first utility-scale wind energy projects in Greece

The construction and long-term operation of the wind farms are expected to support new employment and economic opportunities across the region. Amazon is investing in three new utility-scale wind farms in Greece, our largest renewable energy deal in the country to date. These wind farms will help match our electricity use in the region with … Continue reading Amazon invests in first utility-scale wind energy projects in Greece

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Greeks will be able to install photovoltaics on their roofs faster

With less bureaucracy, photovoltaic systems will be installed in Greece, with or without energy storage batteries, in existing industrial, commercial, office buildings, etc., as well as in future man-made structures. In particular, solar systems with the possibility of adding batteries can be installed on their roofs, as well as on canopies, terraces, balconies, facades and … Continue reading Greeks will be able to install photovoltaics on their roofs faster

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Greece ranks second in the world in electricity production from photovoltaics

Greece has achieved a remarkable milestone by ranking second in the world in electricity production through photovoltaics, according to the latest annual report by climate think tank Ember. In 2023, photovoltaics generated 19% of Greece’s electricity, behind only Chile. The report highlights Greece’s strong performance in photovoltaics, ranking it fourth globally in per capita energy … Continue reading Greece ranks second in the world in electricity production from photovoltaics

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Curtailment, Greece needs 7 GW of energy storage by 2030 to avoid photovoltaic cuts

Up to 20% of renewable electricity production is expected to be curtailed by 2030 in Greece if no new investments are made in energy storage. Greece is faced with ever-increasing curtailments of renewable energy production. Based on expectations from the revised National Energy and Climate Plan (NECP), an attempt will be made to deal with … Continue reading Curtailment, Greece needs 7 GW of energy storage by 2030 to avoid photovoltaic cuts

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The potential of floating wind energy in southern Europe

The folks at Aegir Insights always bring interesting maps and analytics about the offshore wind market. After the impressive results of the 250 MW French offshore wind auction, with a PPA of €86/MWh indexed, Aegir Insights wonders which will be the next markets and areas in southern Europe. The following map shows the areas of … Continue reading The potential of floating wind energy in southern Europe

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The Threat of Curtailment: A Danger for Photovoltaics in Greece

If in Solarletter #16 we mentioned that the excess of photovoltaic power in Spain was already becoming noticeable, this time we turn to Greece. A country with similar characteristics to Spain, not only in lifestyle but also in terms of weather conditions (at least in comparison to the south and the Mediterranean region; in the … Continue reading The Threat of Curtailment: A Danger for Photovoltaics in Greece

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Cero to include battery storage in its 370 MW photovoltaic plant in Greece

Macquarie’s subsidiary Cero Development Hellas received a green light for adding batteries with an overall capacity of 749 MWh to its project for a 370 MW photovoltaic plant in Central Greece. Renewable energy investors are increasingly turning to batteries to keep their solar power projects on track. As electricity consumption in Greece is stagnating and … Continue reading Cero to include battery storage in its 370 MW photovoltaic plant in Greece

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Greece installed 1.59 GW of solar photovoltaic in 2023, bringing the country’s cumulative capacity to 7.1 GW

The Greek public administration does not have an institution that publishes regular energy statistics for all technologies and supporting schemes. Therefore, different institutions often publish reports covering different market segments, creating confusion about the country’s installed electricity capacity. Dapeep, which is Greece’s renewable energy source operator, is an example of this. Dapeep said Greece installed … Continue reading Greece installed 1.59 GW of solar photovoltaic in 2023, bringing the country’s cumulative capacity to 7.1 GW

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RWE and PPC to accelerate Greek energy transition by building photovoltaic projects with nearly 1 gigawatt capacity

Two leading energy groups RWE and PPC continue to forge ahead with Greece’s energy transition through their joint venture company Meton Energy S.A. The company has taken the final investment decision for the construction of an additional photovoltaic project in the country. This solar farm is the last project of the 940 MWp (870 MWac) … Continue reading RWE and PPC to accelerate Greek energy transition by building photovoltaic projects with nearly 1 gigawatt capacity

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Iberdrola exceeds 420 MW of wind power in Greece with the commissioning of the Askio II and Rokani wind farms

Iberdrola has commissioned the 37.8-megawatt (MW) Askio II wind farm in Greece. Located in the provinces of Kozani and Eordaia, in the West Macedonia region of Greece, it joins the 50.4 MW Askio III project in full operation, which was completed in 2022. Total investment in both projects was close to € 100 million.  Askio … Continue reading Iberdrola exceeds 420 MW of wind power in Greece with the commissioning of the Askio II and Rokani wind farms

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Iberdrola Commissions Askio 2 Wind Farm and Rokani Wind Farm in Greece

Iberdrola, a leading renewable energy company, has recently commissioned the Askio 2 wind farm in Greece. This new facility, located in the provinces of Kozani and Eordaia in the Western Macedonia region, adds to the already operational Askio 3 project. Together, these projects represent a total investment of almost 100 million euros. The Askio 2 … Continue reading Iberdrola Commissions Askio 2 Wind Farm and Rokani Wind Farm in Greece

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RWE and PPC to build solar projects with 280 megawatts of capacity in Greece

The two leading energy groups RWE and PPC continue to accelerate the Greek energy transition. Through their joint venture company Meton Energy S.A., RWE Renewables Europe & Australia (51% share) and PPC Renewables (49% share) have taken the final investment decisions for the construction of an additional portfolio of three photovoltaic projects (Amynteo Cluster II). The … Continue reading RWE and PPC to build solar projects with 280 megawatts of capacity in Greece

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Greece installs 250 MW of wind power in six months

Greece connected 77 wind turbines with a total output of more than 252 MW to the grid during the first six months of 2023, according to new statistics from the Hellenic Wind Energy Association. This corresponds to an increase of 5.4% compared to the end of 2022, and brings the country’s total connected wind capacity … Continue reading Greece installs 250 MW of wind power in six months

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Vestas wins a 45 MW wind order in Greece

EDF Renewables has placed a 45 MW order for the Karamoutzi and Karfoula wind farms, which will be located in Viotia, Greece. The contract includes the supply and installation of ten V136-4.5 MW wind turbines, as well as a 4000 Active Output Management (AOM 4000) service agreement. “We are very proud to collaborate again with … Continue reading Vestas wins a 45 MW wind order in Greece

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Greece must build on its successes in reducing fossil fuel dependence

Greece has enacted an impressive array of measures to support its ambitious climate goals while maintaining energy security. However, stronger actions are required to bring down its dependence on fossil fuels and reach its target of net zero emissions by 2050, according to a new report by the International Energy Agency. The report praises Greece … Continue reading Greece must build on its successes in reducing fossil fuel dependence

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Nordex receives orders for 78 MW of wind power in Greece

Nordex has been awarded contracts to supply and install 14 Delta4000 series N149/5.X wind turbines for three projects in Greece. Each of the orders also includes a ten-year Premium Service for the maintenance of the wind turbines. The name of the client and the names of the projects have been withheld at the request of … Continue reading Nordex receives orders for 78 MW of wind power in Greece

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A road trip dedicated to sustainability in Greece

Ever since 2008, when Enel Green Power was formed, we have been making a decisive contribution to the sustainable development and prosperity of the regions where we operate. Over the years, our activities in more than 20 different geographical areas have addressed local needs through dozens of sustainable and resilient social solidarity projects. Our people … Continue reading A road trip dedicated to sustainability in Greece

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EDP Renewables and MYTILINEOS sign a 78 MW wind PPA

EDP Renewables (“EDPR”) and MYTILINEOS – Energy & Metals (RIC: MYTr.AT, Bloomberg: MYTIL.GA, ADR: MYTHY US) signed a long-term Power Purchase Agreement (PPA) for the green energy produced from a 78 MW wind portfolio. This is EDPR’s first PPA in Greece and a first for MYTILINEOS, concerning energy generated from a wind portfolio. The deal … Continue reading EDP Renewables and MYTILINEOS sign a 78 MW wind PPA

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RWE and PPC to build solar projects with more than 200 megawatts in Greece

Two leading energy groups, RWE and PPC, have joined forces to help accelerate the Greek energy transition. Through their joint venture company Meton Energy S.A., RWE Renewables (51%) and PPC Renewables (49%) have taken the final investment decision for five photovoltaic projects. Thodoros Skylakakis, Greek Alternate Minister of Finance: “An important investment that will contribute … Continue reading RWE and PPC to build solar projects with more than 200 megawatts in Greece

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Innovation and digitalization at the service of Renewable Energy Sources

We are introducing new, state-of-the-art technologies in our operations centers and driving innovation with revolutionary sustainable practices in the projects we manage, thereby putting our vision into practice: Enabling progress with sustainable energy.  The energy and digital transitions go hand in hand. That is why we are embracing the digitalization of renewable energy sources, by … Continue reading Innovation and digitalization at the service of Renewable Energy Sources

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