Greece

/ABU DHABI, UAE & ATHENS, June 20, 2024, 11:30 BST, Masdar/ Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, has announced its definitive agreement with GEK TERNA SA (GEKTERNA.AT) and other shareholders of TERNA ENERGY SA (TENERGY.AT) to acquire 67% of the company’s outstanding shares initially. This is subject to regulatory approvals and other conditions. Upon completion of the initial acquisition, Masdar will launch an all-cash mandatory tender offer to acquire the remaining outstanding shares, aiming to reach 100% ownership.

/LONDON, January 10, 2023, 11:30 GMT, NextPower III ESG/ NextPower III ESG (“NPIII ESG”), the international OECD private solar fund managed by NextEnergy Capital (“NEC”), is delighted to announce its first strategic solar and battery storage acquisitions in Greece. The acquisitions include six utility-scale solar PV projects totalling 132MWp, and a majority in six standalone battery storage projects totalling 400MW.

/LONDON, April 20, 2022, 15:00 BST, Econergy/ Econergy Renewable Energy, a leading investor, developer and operator in renewable energy projects across Europe, has entered a partnership with Terna Energy, a company listed on the Athens Stock Exchange. The partnership will see Econergy develop and construct a solar portfolio with a capacity of 460MW as part of a new pipeline of projects in the Greek market.

/LONDON, October 07, 2021, 14:35 BST, RWE, PPC, RENEWABLE MARKET WATCHTM/ Greece is one of the sunniest countries in Europe and has ambitious growth plans for renewable energies. Two highly experienced energy groups, RWE and PPC, have joined forces to help accelerate the Greek energy transition by developing large-scale solar projects with a total capacity of up to 2 gigawatts (GW) in the country. Through this collaboration, the Greek power utility will continue to decarbonise its portfolio and move to renewable energy sources. For RWE, one of the leading producers…

/15th June 2020, Iberdrola, RENEWABLE MARKET WATCHTM/ Iberdrola group, through its subsidiary in Spain, has built and recently commissioned in Badajoz the Núñez de Balboa solar photovoltaic power plant, which, with 500 MWp of installed capacity and the ability to supply clean energy to 250,000 people, has become the largest in Europe. The European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) contributed 290 million euros (145 the EIB and 140 the ICO) to finance the plant, thanks to an agreement signed with Iberdrola.

/20th April 2020, SiemensGamesa/ Siemens Gamesa Renewable Energy has continued its winning streak in Poland following the award of three projects totalling 184 MW at the country’s last auction round held in December 2019. The company will supply 63 wind turbines to several customers including independent private investors to national and international utility companies. 

/14th February 2020, Alyssa Danigelis/ Greece’s Environment and Energy Minister Kostis Hatzidakis recently announced plans to invest in two enormous solar facilities on former mining sites. A plant on the Peloponnese Peninsula in southern Greece would be 1 gigawatt, and another for Ptolemaida in the north would be 2 GW. At a meeting with stakeholders in Ptolemaida, Hatzidakis said that Greece’s Public Power Corporation (PPC) would move quickly to install the 2-GW plant in the lignite mining region, Ilias Tsagas reported today for PV Magazine. PPC also wants to build…

/3rd January 2020, RENEWABLE MARKET WATCHTM/ On Thursday 20 February 2020, HELAPCO (The Hellenic Association of Photovoltaic Companies) will organize the leading business and strategic event for the Greek solar energy market: Photovoltaic 2020. Once again, a diverse group of local and international developers, investors and other stakeholders will be gathering to explore the opportunities in the growing Greek solar photovoltaic (PV) market together. With its high quality, it provides an exceptional value for developers, investors, equipment manufacturers and stakeholders. The timing is now perfect for renewables industry market entrants…

/23rd July 2019, RENEWABLE MARKET WATCHTM/ The Regulatory Authority for Energy (RAE) of Greece has announced its plans to launch solar and wind power auctions (tenders), with a combined capacity of more than 512MW, has been revealed in the regular update of the study ’Central East and South-East Europe Solar Photovoltaic (PV) Power Market Outlook 2018÷2027’. Competitive bidding will start on 7 October 2019, with two distinct categories – the solar tender will focus on photovoltaic (PV) generation smaller than 20MW, with a total capacity of 287 MW, and a maximum allowed…