PPC Group has launched the construction of a battery energy storage system in the area of its Amyntaio coal plant. The company is also building BESS facilities at its thermal power plants Kardia and Meliti, as it is preparing to end coal use in Greece. One BESS unit is under construction in Bulgaria, as well. […]
Last year, for the first time in decades, no smoke rose out of coal plants in the Peloponnese peninsula. The last two units had 500 MW together. Megalopolis is one of the two coal regions in Greece, along with Western Macedonia in the country’s north. According to Public Power Corporation (PPC or DEI) the units […]
The pace of large photovoltaic projects in Bulgaria indicates that total capacity can reach 6 GW by the middle of next year. The expansion isn’t slowing down. Investors in large solar power plants in Bulgaria don’t seem intimidated by zero and negative wholesale electricity prices eating away at their revenues. One of the factors is […]
Just 152.2 MW of wind farms were installed in Greece in the first half of 2025, thus continuing the low trajectory of recent years. According to the Hellenic Wind Energy Association (HWEA or ELETAEN), total wind capacity in the country reached 5,507 MW at the end of June. In the first six months of the […]
Renewable energy companies from abroad aren’t intimidated by negative power prices in Romania, especially with the battery storage segment accelerating. Energy giants EDP Renewables and Engie have new solar power plants, and more renewable energy facilities are coming online, while the government is disbursing European grants. The renewable energy market in Greece is consolidating and […]
Terna won the contract for the construction of the second of the three parts of a 490 MW solar park in Megalopolis, on former lignite mines. Public Power Corp. – PPC Group said the third phase would begin next year. The second phase of the construction of a 490 MW photovoltaic plant in Megalopolis is […]
Motor Oil Renewable Energy (MORE) received the operating license for its 43.2 MW wind power plant near the border with North Macedonia. The facility was in test operation since the fourth quarter of 2023. MORE has 839 MW in renewable electricity plants in operation, aiming to reach 2 GW by 2030. There is already almost […]
Meton Energy has taken the final investment decision for two photovoltaic projects north of Thessaloniki. Through their joint venture, Germany-based RWE and Greek government-controlled utility PPC are about to start construction of 567 MW in total peak capacity. Most of the 2 GW solar power portfolio that the top tier German-Greek partnership is developing is […]
PPC Group is accelerating its expansion in the Balkans by laying the foundation stone for its Colosseum solar power project in Bulgaria. The facility will have 165 MW in peak capacity and include a battery energy storage system (BESS), the Greek state-controlled utility revealed. The company’s investment plan includes Italy, where it recently commissioned the […]
Greece’s government-controlled power utility PPC and Masdar’s subsidiary Terna Energy are separately building two photovoltaic plants in Bulgaria, worth an estimated EUR 190 million in total. The biggest two renewable energy companies in Greece have taken over one major project each in neighboring Bulgaria, where domestic investors dominated the photovoltaics market until recently. Soon after […]