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CSRD

green energy

investment

waste management

mobility

carbon emissions

interviews

Energy

PPC acquires wind and solar parks and 1.7 GW in Greece

Green Forum

25 September, 2024 at 8:00 PM

Public Power Corp (PPC Group) has reached an agreement with the Copelouzos and Samaras groups to acquire their operating wind and photovoltaic assets, totaling 66.6 MW, along with a renewable project pipeline of 1.7 GW, which they will develop jointly.

Additionally, PPC is increasing its majority stake in an 840 MW gas power project by purchasing Copelouzos' 20% share.

The agreement establishes a collaboration framework for the acquisition of the renewable assets, with the two groups continuing to participate in the portfolio's development. Separately, PPC is acquiring Copelouzos' stake in Ilektroparagogi Alexandroupolis, which is focused on building a combined-cycle gas turbine (CCGT) plant. PPC currently holds 51% in this project, with DEPA Supply owning the remaining 29%.

The operational 66.6 MW includes two wind parks in Evia and Lakonia, with a total capacity of 43.3 MW, and photovoltaic facilities totaling 23.3 MW.

Photon Energy connects 7.5 MWp solar plant in Romania

Photon Energy has connected a new 7.5 MWp solar photovoltaic (PV) power plant to the grid in Romania, marking its twelfth operational plant in the country.

Energy

Parapet completes Romania's first solar repowering project

Parapet completed Romania's first photovoltaic repowering project in August at the Solar Electric Frăsinet power plant, owned by Austria's Kraftfeld Group.

Energy

Over 46% of homeowners consider energy-efficient heating upgrades

Over 46% of homeowners are considering upgrading their heating systems to more energy-efficient ones, while close to 77% are contemplating investing in renewable energy.

Business

Photon Energy secures €15 million from EBRD for PV park in Romania

EBRD has allocated a €15 million loan to Photon Energy NV (Photon), a prominent regional producer of renewable energy, to bolster its operations in Romania and Poland.

Energy

EC offers guidance to speed up renewable energy

The European Commission has introduced a series of updated recommendations and guidance documents to refine and expedite permitting procedures and auctions for renewables.

Energy

Helios & Wind Energy to build 31 wind turbines in Romania

Helios & Wind Energy has received approval to construct 31 wind turbines with a total capacity of 186 MW/hour in Romania.

Business

Saint-Gobain Romania and OMV Petrom sign green power deal

Over the next five years, OMV Petrom plans to provide approximately 800 GWh of renewable energy to all Saint-Gobain facilities in Romania.

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