Cero Generation, a solar portfolio company of Macquarie’s Green Investment Group, has formed a joint venture (JV) with renewables developer Wattcrop that will aim to bring forward 750MW of PV in Greece over the next four years.
Lightsource BP has said it won more than 40% of the total awarded capacity in Greece’s renewables auction last week through a co-development partnership, increasing its global presence to 14 countries.
Solar PV bidders picked up all the available 350MW of capacity in Greece’s latest renewables auction, which took place on 24 May and closed with lower prices than the country's previous tenders.
While foreign investors are said to be flocking to Greece’s solar sector, project developers are struggling with headwinds in the form of grid access challenges and local resistance to new renewables plants. Jules Scully looks at how these hurdles are affecting PV deployment in the country.
Norwegian company Ocean Sun has signed an agreement to provide its floating solar technology for utility-scale floating PV projects in Greece and Cyprus.
Mytilineos is looking to transfer its global experience of solar and storage project development to help decarbonise the Greek electrical system and hit 3GW of PV capacity by 2030.
Greek industrial group Mytilineos has acquired a portfolio of solar and battery storage projects in a €56 million transaction it says “heralds the transition to a new era” for the company.
Enel Green Power has begun a new programme to explore how to successfully integrate arable and pastoral farming activities alongside large-scale solar PV projects.
Greek industrial group Mytilineos said 2020 turnover from its renewables and storage development unit was around 40% lower than forecasted due to contracting and construction delays as a result of the coronavirus pandemic.
