EDF Renewables in Greece has been awarded a long-term Power Purchase Agreement (PPA) for a 60 MWp solar photovoltaic project, following a mixed Renewable Energy Sources (RES) auction held by the Regulatory Authority for Energy (RAE).
The project will bring the EDF Group one step closer to meeting its goal under the CAP 2030 strategy of doubling its worldwide renewable energy capacity to 50 GW between 2015 and 2030.
The Loutsa solar project (60 MWp) will be implemented on 82 hectares in the Viotia region, close to Athens. The project due to be commissioned by 2022, will benefit from a 20-year PPA at the rate of EUR53 (US$59.38) per MWh.
Country updates
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February 13, 2019
EDP Renovaveis awarded 20-year CfD for its 15 MW wind project in Greece
EDP Renovaveis SA has been awarded a 20-year contract for difference (CfD) for its 15 MW Aerorrachi wind farm located in Northern Greece. The project is expected to commence oper...
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February 08, 2019
Merging process commenced with EL.TECH. ANEMOS SA and ELLAKTOR SA
The Board of Directors of ELLAKTOR SA has commenced the process for the merger by absorption of its subsidiary EL.TECH. ANEMOS SA after resolving that the merger process setting of 31/12/201...
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February 04, 2019
Consortia emerge for privatization of Hellenic Petroleum
The Hellenic Republic Asset Development Fund (HRDF) has approved the formation of two consortia for the second round of the privatization of the Greek oil refiner Hellenic Petroleum Group (HELPE).&nbs...
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January 30, 2019
US$4.4 billion financial close for Trans-Adriatic Pipeline
The Trans Adriatic Pipeline (TAP) successfully completed financial close in December 2018, securing EUR3.9 billion (US$4.44 billion) - the largest project finance agreed for a European infrastructure...
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January 22, 2019
Greece completes DESFA privatisation
The Hellenic Republic Asset Development Fund and Hellenic Petroleum have closed the sale of a 66% shareholding in the Hellenic Gas Transmission System Operator to a consortium of Snam, Enagás a...
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