Photovoltaic power station

Mytilineos Energy & Metals said on Tuesday that it has signed a 210-megawatt long-term power purchase agreement (PPA) with Karatzis SA for the green energy produced by a 262 MW solar portfolio.

According to the announcement, Mytilineos will be able to offtake 80% of the energy produced, further enhancing its green supply basket.

A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament. The data reveals a staggering increase of over 140% in electricity production from photovoltaic plants, accompanied by a significant decline in output from coal-fired power plants in the year 2023.

The Ministry of Environment and Energy will try to bring some sense to the soaring market of photovoltaic parks, before the new technology is burnt out by extravagant projects by controversial investors in the country.

Two major energy groups, Germany's RWE and Greece's Public Power Corporation are promoting Greece's energy transition through their joint venture, Meton Energy SA, which has made its final investment decision for the construction of another photovoltaic project in the country.

France's TotalEnergies is exploring a sale of a 50% stake of a portfolio of renewable projects in Europe and the US, including Greece,according to two people familiar with the matter.

The French energy group is sounding out advisers for a sale of a stake in wind and solar power assets across the US, Spain, Portugal, France and Greece, the sources said.

Production was started by the company "Domi Eko Solar".
It is the first factory for the production of photovoltaic panels in the country, writes "Balkan Green Energy News".

The proposed revisions to the spatial framework for renewable energy sources (RES) aim to modernize legislation in order to keep pace with technological advancements, address climate changes (such as changes in wind speed and solar radiation intensity) and better account for increased environmental protection concerns.

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.

The new power plant in Saraorci will have a capacity of 9.95 MW, the electricity is intended for the domestic market, which is enough to supply about 2,500 households.
The laying of the foundation stone was also attended by the Minister of Mining and Energy, Dubravka Djedovi.

Mytilineos and SmartestEnergy Australia have signed a long-term power purchase agreement (PPA) for the 40-megawatt Kingaroy Solar Farm in Queensland, Australia, the listed group announced.