EDP Renewables has signed a long-term power purchase agreement (PPA) with Mytilineos for the purchase of green energy produced from the 78 MW wind portfolio located in Greece.
The wind portfolio will consist of three projects: the 23 MW and 35 MW wind farms located in Voioti, and a 21 MW wind farm in Achaia. The three projects are expected to enter operation between the end of 2024 and 2025 and under this PPA they are expected to produce annually more than 232 GWh.
With this new portfolio, EDPR has now 11.2 GW out of the 20 GW target additions worldwide established in the 2021-2025 Business Plan. This transaction enables EDPR to achieve more than 3.6 GW of the 6.7 GW target for renewable capacity additions in Europe during 2021-2025.
Country updates
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January 27, 2023
RWE, PPC to develop 210 MW of solar PV projects in Western Macedonia
RWE and PPC, through their joint venture company Meton Energy S.A., have made the final investment decision for five photovoltaic (PV) projects in the region of Western Macedonia in northern Greece. T...
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January 26, 2023
KGAL, Pfalzsolar partner for 176 MW solar projects in Greece
German real assets fund manager KGAL has partnered with solar projects developer Pfalzsolar to build two solar photovoltaic (PV) projects in Greece. The partnership of the two companies ai...
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January 23, 2023
PPC reaches financial close on 230 MW solar PV project in Ptolemaida
Public Power Corp. (PPC) has obtained EUR102.4 million (US$111 million) for the development of 230 MW of solar photovoltaic (PV) projects in Ptolemaida, Greece, with at least EUR28.5 million (US$31 mi...
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January 19, 2023
Financing received for 230 MW Solar project in Greece
PPC Renewables has been granted EUR28.5 million (US$30.85 million) financing by the European Investment Bank (EIB) for the development of the 230 MW solar photovoltaic project located in Kozani i...
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December 23, 2022
ABO Wind completes 50 MW solar PV project in Epirus
ABO Wind has commissioned the 50 MW Margariti solar photovoltaic (PV) project in northwestern Greece. The PV farm consists of around 93,000 bifacial solar panels and 10 central inverter units. ...
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