RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2020-12-29 11:30:00

GREECE RENEWABLE INVESTMENT $2.5 BLN

GREECE RENEWABLE INVESTMENT $2.5 BLN

RENEWABLESNOWDecember 28 (Renewables Now) - The Greek government has given its nod to investment plans supporting the deployment of over 2.8 GW of wind and solar power capacity.

The four projects call for a combined investment of EUR 2.02 billion (USD 2.47bn), local newspaper Kathimerini reported last week. The largest portion, of EUR 888.1 million, will be spent on the installation of 1.5 GW of solar photovoltaic (PV) parks across 12 regional units in Central and Northern Greece. Their proponent is Greek construction company Egnatia Group.

Around EUR 585 million will be poured by domestic renewable power producer Terna Energy (ATH:TENERGY) into the construction of 18 wind farms. To be located in the coastal town of Karystos, on the island of Evia, the power plants will have a combined capacity of 360 MW.

Separately, five wind parks totalling 120.3 MW will be installed in the Thrace region, at a total cost of EUR 121.3 million.

Food packaging firm and hotel operator Karatzis SA, meanwhile, plans to build 37 solar plants that will add 830 MW of clean energy capacity in Larissa, Magnesia and Kilkis. Its estimated investment in the project amounts to EUR 421.6 million.

The four projects will create more than 300 jobs.

(EUR 1.0 = USD 1.222)

-----


Earlier:

GREECE RENEWABLE INVESTMENT $2.5 BLN
2020, December, 24, 13:30:00
SPAIN RENEWABLE ENERGY 109.3 GWH
By the December cut-off date, Spanish plants generated 109,269 GWh of renewable power, up by 11.6% year-on-year, owing mostly to favourable weather conditions and an increase in the total installed renewable energy capacity.
GREECE RENEWABLE INVESTMENT $2.5 BLN
2020, December, 18, 11:30:00
WIND POWER FOR INEOS 198 GWH
From next year, chemicals maker Ineos will be buying 198 GWh of power annually from the 219-MW Northwester 2 offshore wind park in Belgian waters.
GREECE RENEWABLE INVESTMENT $2.5 BLN
2020, December, 17, 13:55:00
OECD ELECTRICITY DOWN BY 3.3%
In September 2020, total net electricity production in the OECD was 841.0 TWh, down by 3.2% compared to September 2019 and down by 10.4% compared to August 2020. In the first three quarters of 2020, total electricity production was 7,731.5 TWh, down by 3.3% compared to the same period in 2019.
GREECE RENEWABLE INVESTMENT $2.5 BLN
2020, December, 17, 13:30:00
DUTCH RENEWABLE SUPPORT €30 BLN
The scheme, which will run until 2025, will be open to projects based on renewable electricity,
GREECE RENEWABLE INVESTMENT $2.5 BLN
2020, December, 10, 12:05:00
EUROPEAN HYDROGEN DEVELOPMENT $110 BLN
The Green Hydrogen Catapult target will require investment of roughly $110 billion and deliver more than 120,000 jobs, according to the groups.
GREECE RENEWABLE INVESTMENT $2.5 BLN
2020, December, 3, 11:30:00
EUROPE'S GHG EMISSIONS DOWN
Since 1990, GHG emissions in the EU have been steadily declining, with emissions in the EU 27 falling to 24% below their 1990 levels in 2019.
RENEWABLE HEATING COOLING
2020, December, 1, 13:15:00
RENEWABLE HEATING & COOLING
Heating and cooling based on renewable energy has emerged as an urgent priority for countries striving to meet climate goals and build resilient, sustainable economies.
All Publications »
Tags: GREECE, RENEWABLE, INVESTMENT