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A couple of leading opportunity organizations, RWE and you will Pay per click, has actually registered forces to help accelerate new Greek time changeover. Courtesy the partnership team Meton Energy S.A great., RWE Renewables (51%) and you may Pay per click Renewables (49%) took the final investment decision for 5 photovoltaic plans.

Thodoros Skylakakis, Greek Alternate Minister out of Loans: “An important money that subscribe to the objective of accelerating the power changeover is on tune getting implementation that it springtime, into contribution of one’s Data recovery and Resilience Money. The entire €180 mil financial support issues the development of 5 solar pv methods and you can usually takes devote Western Macedonia. The brand new environmentally friendly transition is an option pillar of your own Federal Data recovery and you will Strength Bundle, ‘Greece 2.0′, that is already happening. Actually, during these tough times, where around the globe community face unmatched challenges, more than €11 billion have already registered the official coffers using this worthwhile development means.”

Georgios Stassis, President and you will Ceo of Ppc: “Brush energy is in the middle out-of PPC’s strategic believed that have the development of renewable power ideas, shop innovation and green hydrogen. I am believing that renewables in conjunction with storage technologies often form the brand new spine of energy system within the next 10 years globally. We still invest alone from inside the renewable energy methods, and from inside the cooperation with good lovers, eg RWE. The introduction of the large solar pv methods from inside the Western Macedonia reveals all of our dedication to the energy transition of both Ppc and you may Greece, whenever you are at the same time giving support to the role off Western Macedonia while the opportunity hub of the nation.”

Markus Krebber, President out of RWE AG: “Since RWE our company is strongly dedicated to create to come the newest expansion of alternative vitality. Our company is excited about how good the partnership which have Ppc Renewables is actually progressing. In 2010 we’re going to start building five highest-measure solar farms to support the power change from inside the Greece – among sunniest countries in europe. And this refers to precisely the beginning – we are looking forward to working with Pay per click to cultivate more solar pv methods in the country.”

This new solar farms having a total capacity of approximately 210 MWp (175 MWac) can be found in this new Western Macedonia area throughout the north away from Greece, when you look at the boundaries of your former Amynteo open pit lignite exploit. Design job is scheduled to begin with from inside the spring. Every four strategies should be completely working towards the end off Q1/2024. Meton Energy S.A good. possess finalized bilateral power buy plans (PPAs) regarding durations ranging ranging from ten and you can fifteen years with third parties, that buy the green electricity produced by the solar power facilities. Into overall €180 mil funding on five solar power programs, €90 billion out-of European union – NextGenerationEU fund was secured via the Recuperation and you can Resilience Business (RRF) package “Greece 2.0” and additionally commercial obligations capital (co-financing) out-of €54 billion away from Eurobank S.A great. and you can Alpha Financial S.A beneficial., in addition to €36 million from shareholders guarantee. The credit try subject to economic personal.