Bright green environmentalism

Motor Oil buys into solar energy company

Motor Oil on Friday announced the acquisition of 75% of Unagi AE, which operates in the photovoltaic sector.

In particular, Unagi owns a 51% share in a portfolio of photovoltaic projects at various stages with a total nominal capacity of 1.9 gigawatts in Greece and the transaction was made through the subsidiary Motor Oil Renewable Energy (MORE).

RES are not enough for energy needs

The conclusions from the energy crisis put the debate on the energy transition on a more realistic basis at the European level and within the country.

The request for a total redesign of the energy market, which will take into account the new data and the real dimensions of the problem, is shared both by the companies active in the sector and by the management bodies.

EIB to assist with energy investments on Greek islands

The European Investment Bank Group signed a new contract with the Greek Ministry of Maritime Affairs and Island Policy this week for technical assistance from the bank's Advisory Hub which will help facilitate crucial investments to boost energy efficiency and renewable energy investments on the country's smaller and remote islands.