Greece's PPC OKs 180-mln-euro investment for wind projects

Public Power Corporation has approved a 180-million-euro investment for wind projects in northern Greece and a tender for a smaller facility in Crete.

This enables Greece’s energy regulator to start evaluating applications for power-generation licenses for 150 megawatts of capacity in Rodopi, PPC said in a statement.

PPC plans to cover 40 percent of the investment on its own and seek financing for the rest.

The investment will almost double the company’s installed wind capacity of 81 MW.

[Bloomberg]

Continue reading on: