National Energy (NE) has announced the completion and full energization of its greenfield construction solar energy installation in Greece.
The 24.08MWp ground-mounted solar energy installation is comprised of five photovoltaic projects in the regions of Viotia and Fthiotida. The solar energy installation will generate ca. 47.7 GWh annually which could power ca. 10,000 homes and reduce ca. 23,000 tons of CO2 emissions per annum. The projects have secured a 20-year fixed tariff, awarded via the auction conducted by the Greek Regulatory Authority of Energy (RAE) in July 2019.
The 24.08MWp portfolio is wholly owned and operated by National Energy’s Greek subsidiary, New NE Solar Developments One 1 Single Member SA (NNESD1). Mytilineos RSD Business Unit delivered the full scope of engineering, procurement, and construction (EPC) services for all projects.
Construction commenced in the autumn of 2020 and was completed in the spring of 2021. Two projects were fully energized in February 2021 followed by the remaining three projects fully energized in June 2021.
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