Renewable energy

PPC Renewables has been chosen by the Waste, Energy and Water Regulatory Authority to build and operate two energy storage facilities with a total capacity of 98 megawatts (MW). 

The two storage facilities will be built in the region of Western Macedonia, near a PPC steam-electric power plant and where PPC Renewables is building photovoltaic arrays. 

A major increase in solar power generation in southern Europe played a leading role in averting energy shortages during the heatwaves of recent weeks when temperatures broke records and drove unprecedented demand for air conditioning.

The Energy Ministry has announced that it selected four regions as potential sites for offshore wind power Renewable Energy Resource Area (YEKA).

Those sites include the locations in the Bandırma, Bozcaada, Gelibolu and Karabiga regions.

Helleniq Energy Holdings on Monday announced it has reached a binding agreement to buy a portfolio of solar power projects, with total power of 211 megawatts, from Mytilineos Energy & Metals through its subsidiary Helleniq Renewables for an undisclosed sum.

Exactly one year after signing their provisional agreement on the joint installation of offshore wind parks in Greece in July 2022, local refiner Helleniq Energy and German power giant RWE have signed the framework agreement for their joint venture through which they will bid in the tenders the Greek state has proclaimed for the development of 2-2.5 gigawatts of offshore wind power capacity.

Clearing the accumulated biomass on the forest floor is a first step toward making the country's woodlands safer and not so fire-prone. But it is not enough, experts claim.

Freedom for the development of offshore wind farms in Greece is no longer what investors hoped it would be.

TotalEnergies has become a 50 percent partner in Rönesans Enerji, a subsidiary of Rönesans Holding, one of Türkiye's largest conglomerates.

Talks between Greek Development Minister Kostas Skrekas and US Ambassador in Athens George Tsunis on Thursday focused on furthering Greece's collaboration with the United States in view of attracting more American investments.

Skrekas also referred to a considerable interest in renewable energy sources by American investors.

New wind power farms with a total energy capacity of 252.5 megawatts and a total investment of 260 million euros were connected to the country's electricity grid in the first half of 2023, the Hellenic Wind Energy Association (HWEA) said in a report.