Axpo, EDF Renewables Hellas sign 102 MW solar PPA in Greece
Axpo has signed a power purchase agreement (PPA) with EDF Renewables Hellas for two solar plants totaling 102 MW in Greece’s Viotia region.
Virtual power plant for renewables trading under development in Greece
Optimus Energy has announced a virtual power plant for renewables trading on the Greek wholesale electricity and balancing market. Work is already underway, with Germany-based emsys VPP connecting over 3,500 solar and wind power plants in Greece to its software suite.
RWE, PPC to build 567 MW of solar in Greece
Energy groups RWE and PPC have announced two new solar plants in the prefecture of Central Macedonia, northern Greece, to be developed by their joint venture company, Meton Energy SA.
Greece awards 189 MW of battery storage in third auction
Greece’s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of a battery storage subsidy program launched in 2023, with the country now turning its focus towards a new 4.7 GW unsibsidized BESS scheme.
Greece launches 4.7 GW utility-scale battery storage program
Following a brief consultation in late February, the Greek government has unveiled a new battery storage program targeting 4.7 GW of utility-scale, standalone projects which will be given a priority connection and operated on a merchant basis without subsidy support. The decision detailing the new program is the last policy made by the energy ministry before a cabinet reshuffle initiated last week.
Greece presents 3.5 GW standalone battery storage rollout plan
A draft ministerial decision envisages the installation of 3.55 GW of standalone battery energy storage systems which will be granted priority connection to the transmission or distribution grid and operated on a merchant basis without subsidy support.
Greece installs 2.6 GW of PV capacity in 2024
Greece deployed 2.6 GW of solar in 2024, bringing its cumulative installed PV capacity to 9.6 GW by the end of December.
Greece installs 400 MW of net-metered solar in 2024
Greece installed 400 MW of net-metered PV systems in 2024, bringing its cumulative distributed solar capacity to 850 MW. However, the country shifted from net metering to net billing in September.
The Hydrogen Stream: 41 hydrogen projects to start in Africa by 2029
The Energy Industries Council (EIC) says 41 hydrogen projects are set to begin development across Africa in the next five years, led by North African nations like Egypt, Algeria, and Morocco.
Greece launches C&I battery storage subsidy program
The Greek Ministry of Environment and Energy’s Storage Systems in Businesses program opened this week for the submission of applications, with a budget of EUR 153.7 million ($157.7 million).
