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Greece, Cyprus and Israel take a further step to link their grids

The three Mediterranean countries of Greece, Cyprus and Israel signed this week an agreement to develop a subsea cable that links their electricity grids. Upon completion, the so-called EuroAsia Interconnector will be the world’s longest subsea power cable and could boost solar PV development in all three countries substantially.


More than 800 MW of floating PV under development in Greece

Greek conglomerate Gek Terna has unveiled plans to deploy three large-scale floating PV plants at three different water reservoirs. Total investment in the projects is expected to amount to €170 million. Furthermore, the national utility PPC is reportedly planning to deploy another 50 MW and InterPhoton Group is considering to build a 500 MW facility.

Greece supports rooftop PV and residential storage through energy efficiency program

Launched in November, the “saving-autonomous” program is currently seeing strong interest from homeowners. The program has an €850 million budget and is intended at enabling around 600,000 homeowners to make their houses more energy-efficient by 2030. It includes the installation of a rooftop PV system in the frame of a renovation project.


Juwi begins work on 204 MW solar park in Greece

The German renewable energy developer secured the €130m project in a tender held by the Greek government.


Use of PV can reduce diesel consumption in energy-intensive cultivation in southern Europe

Italian, Spanish and Portuguese scientists have published a study about energy consumption and the environmental footprint of the use of solar-hybrid irrigation systems in olive plantations in Portugal and Morocco.


Greece to tender 160 MW of PV in July; another 140 MW of PV in 2018

The window for submitting applications to participate in Greece’s forthcoming solar PV and wind tenders in July has expired and Greece’s regulator has announced the number of applications it has received.

Virtual net metering in Greece at risk from EU reform

The European Council’s response to proposed European Commission reforms suggests that rules supportive of virtual net metering could be scrapped after pressure from Germany.

SPI Energy buys 7.4 MW of solar in northern Greece

SP Orange Power, a subsidiary of the Chinese SPI Energy, has entered an agreement to purchase 100% of three different solar companies in Greece that own 7.4 MW of PV capacity.


Greece’s PV restart: Hellenic Petroleum secures financing for at least 8.6 MW

Greece’s Hellenic Petroleum has secured financing to develop 190 MW of combined solar PV and wind power capacity in Greece. The company was awarded 8.6 MW of PV capacity in Greece’s inaugural renewable energy tender in December 2016.


Greece’s PPC utility targets 550 MW of new solar

Greece’s incumbent utility, the Public Power Corporation (PPC) has announced a target for new solar PV projects. The move, while justified, may come too late to save the PPC, which is trying to reduce its reliance on lignite and avoid bankruptcy.


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