Supported byClarion Energy
HomeElectricityGreece: PPC and...

Greece: PPC and cement producer Titan signed a 10-year PPA

Greek power utility PPC signed an agreement for a 10-year power purchase agreement with cement producer Titan, the second industrial consumer to establish a bilateral energy supply contract with the utility, following metal processing company Viohalco.PPC’s agreement with Titan shares the same structure as the preceding deal with Viohalco.As a first stage, the cement producer’s energy requirements will be covered by electricity generated at PPC’s thermal and hydropower plants. A third-party supplier, energy firm Heron, will supply PPC’s energy output to Titan.At a later date, this PPA will develop into an entirely green-energy deal with all required electricity generated by PPC’s solar parks.Heron’s involvement in the power utility’s PPA with Titan is expected to further increase the energy its share of the high-voltage market. It recently rose sharply to 11.25 percent following Heron’s involvement in PPC’s PPA with Viohalco.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

PPC Group buys 57.5 MW solar plant in Hungary, option for 49 MW battery

Deal structure and counterparties PPC Group has made its first renewable-energy investment in Hungary by agreeing to acquire an operating 57.5 MW solar plant from Greenvolt Group. The transaction also includes an option over a neighbouring 49 MW battery project....

RWE and PPC start 930 MW solar operations at former Amynteo lignite site

Commercial start for 930 MW solar portfolio in Western Macedonia German utility RWE and Greece’s PPC have begun commercial operation of a 930 MW solar portfolio at the site of the former Amynteo lignite mine in Western Macedonia. The companies...

PPC Renewables to buy MORE solar portfolio and operating wind farms in Greece

Agreements for solar and wind assets PPC Renewables has signed agreements with MORE, the renewable energy subsidiary of the Motor Oil Group, to acquire full ownership of a solar project portfolio and operating wind farms in Greece. The financial terms...
Supported byVirtu Energy