Greek renewables firm PPC and international energy company RWE have taken final investment decision to develop, through their joint venture Meton Energy, 280MW of solar capacity in Greece.
The European Investment Bank (EIB) has committed €28.5 million (US$30.8 million) to support the construction of 230MWp of solar PV projects in Greece’s Western Macedonia Region.
German energy major RWE has established a joint venture (JV) with Greek utility PPC that will develop utility-scale solar projects in Greece with a total capacity of up to 2GW.
The renewable energy arm of Greek utility Public Power Corporation (PPC) is looking to increase collaborations with major solar industry players to fast-track its aim of installing 2.3GW of PV parks.