Europe: Brent oil, TTF...

During the fourth week of June, Brent crude oil futures prices experienced a...

Europe: Electricity prices fall...

In the fourth week of June, average electricity prices declined across most major...

Europe: Electricity demand rises...

During the week of June 23, electricity demand rose across most major European...

Solar and wind energy...

During the week of June 23, solar photovoltaic (PV) energy production rose in...
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HomeSEE Energy NewsGreece: Construction of...

Greece: Construction of SPP in Kozani starts in April

Last December, the company selected METKA as the contractor for the construction of the plant, which is a part of a larger project which includes the construction of solar parks in Kozani with total power output of 230 MW. The construction of 200 MW solar power plant project developed by PPC Renewables in Kozani in northern Greece is expected to start in April. Estimated cost of the project is 130 million euros, of which 110 million is related to the 200 MW power plant.

In May 2020, PPC Renewables awarded two contracts for the construction of 15 MW solar power plants in Kozani to METKA and Terna. The two solar power plants will be built on the site of depleted lignite mines of the parent company and their construction should start this summer. PPC Renewables is also progressing with the tender for the construction of a solar park on the depleted coalmine near Megalopoli in Peloponnese, which has attracted high interest. Among local bidders are several engineering companies: Intrakat, Aktor, Avax, GEK Terna and METKA, while international participants include French Voltalia and two Chinese bidders: Dongfang Electric and joint venture of Sunel and Shanghai Electric. In early 2020, PPC Renewables announced that it is planning to build large scale solar projects at its depleted lignite fields in West Macedonia and near Megalopoli, in the Peloponnese. The company already submitted applications to Greek Regulatory Authority for Energy (RAE) for solar power production permits, with a total capacity of some 1,500 MW. Thus, PPC Renewables would increase its portfolio to up to 4.5 GW.

 

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