Greece’s largest electricity producer, Public Power, has invited prospective strategic partners for its 200MW Kozani solar park to declare their interest by March 31. The partner will help secure financing for the construction, development and operation of the park, which, when completed, will be the largest solar system in the world.
The Kozani project will cost around €600 million and more than double the capacity the world’s current largest PV plant, Canada’s 97MW Sarnia site. A decision on who to enlist for the record-breaking project will be made by Public Power during the summer, with construction scheduled to begin before the end of the year and be completed within 18 months.
The international tender stipulates that interested parties must have possessed net assets of more than €500 million for the past three years, have previous experience managing projects in the PV industry and have raised more than €300 million of project funding.