Romania: End of price...

Electricity bills for July and part of August 2025 in Romania are significantly...

Bosnia and Herzegovina sees...

According to the Agency for Statistics of Bosnia and Herzegovina (BiH), gross electricity...

Albania: Electricity production falls...

According to data from the Albanian Institute of Statistics (INSTAT), electricity production in...

Romania: Energy Vault partners...

Swiss energy storage company Energy Vault has signed an agreement to provide up...
Supported byClarion Energy
HomeSEE Energy NewsGreece: JV established...

Greece: JV established for Greek-Saudy electricity link

Greece’s Independent Power Transmission Operator (IPTO/ADMIE) and its Saudi counterpart National Grid SA have established a joint venture to study the feasibility of building an electricity interconnection between the two countries.

Saudi Greek Interconnection, as the special purpose company is called, is equally owned by IPTO and National Grid SA, the Greek power operator said.

Waleed Al-Saadi, chief executive of National Grid SA, will serve as chairman of the board of the joint venture, while IPTO’s CEO and chairman, Manos Manousakis, will act as chief executive officer.

Technical teams comprised of executives from IPTO and National Grid SA are already engaged in advancing the electrical interconnection and defining its design parameters. Their efforts commence with evaluating and analysing the feasibility and commercial potential of the project.

The establishment of the joint venture builds on a deal between the two companies from October 2023.

IPTO is also a partner in the EuroAsia Interconnector project, which aims to create a 1,208-km direct current undersea cable linking Greece, Cyprus and Israel.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Slovenia: Wind Energy Association calls for balanced policy consultation

The Slovenian Wind Energy Association (GIZ) has expressed concern that recent political debates on wind energy are being shaped by what it views as an unbalanced event. The association says conclusions from a June consultation in the National Council—attended...

Romania: End of price caps and VAT hike drive sharp rise in electricity bills

Electricity bills for July and part of August 2025 in Romania are significantly higher than in previous months, driven by multiple factors. A heatwave increased consumption as air conditioners and cooling devices were used extensively. At the same time,...

Bosnia and Herzegovina sees mixed energy output trends in June 2025

According to the Agency for Statistics of Bosnia and Herzegovina (BiH), gross electricity production in June 2025 totaled 1,000 GWh, compared to 1,028 GWh in the same month last year. Hydropower plants accounted for 26.4 percent of total gross...
Supported byVirtu Energy
error: Content is protected !!