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Two leading time groups, RWE and you may Ppc, provides registered forces to simply help speeds the brand new Greek energy changeover. Using its jv team Meton Opportunity S.A beneficial., RWE Renewables (51%) and you will Ppc Renewables (49%) took the very last financial commitment for 5 photovoltaic tactics.

Thodoros Skylakakis, Greek Option Minister off Finance: “An important financial support that can subscribe to the goal of accelerating the energy change is on song to own execution so it springtime, on contribution of the Recovery and you may Resilience Finance. The total €180 billion financial support inquiries the development of five solar pv systems and you will takes invest Western Macedonia. New environmentally friendly transition are a key mainstay of the National Recovery and you can Strength Plan, ‘Greece 2.0′, which is already beginning. Indeed, on these difficult times, where in actuality the global community face unmatched pressures, over €11 million have registered the state coffers from this worthwhile advancement strategy.”

Georgios Stassis, President and you may Chief executive officer regarding Pay per click: “Brush energy sources are in the middle away from PPC’s proper thought that have the introduction of renewable energy ideas, stores tech and you will environmentally friendly hydrogen. I am believing that renewables alongside storage innovation have a tendency to function the latest backbone of the power program next years global. I still purchase individually from inside the renewable power ideas, as well as for the venture that have solid couples, such as for example RWE. The development of the massive solar pv strategies for the West Macedonia shows the dedication to the energy transition off one another Pay per click and you will Greece, if you are simultaneously supporting the role of West Macedonia because the time center of the nation.”

Markus Krebber, President away from RWE AG: “Because RWE we are highly dedicated to forge to come new extension regarding sustainable energies. We’re thinking about how well our very own partnership that have Ppc Renewables is actually moving on. This current year we’re going to start building four large-level solar power facilities to support the ability transition when you look at the Greece – one of many sunniest countries in europe. And this refers to only the delivery – we’re looking forward to handling Pay per click to cultivate a whole lot more solar pv plans in the country.”

The fresh solar farms with a complete capability around 210 MWp (175 MWac) are located in new Western Macedonia area from the north off Greece, inside borders of your former Amynteo open-pit lignite mine. Framework tasks are booked to start during the spring season. The four projects will be fully working towards the end of Q1/2024. Meton Opportunity S.An excellent. possess signed bilateral fuel get agreements (PPAs) out-of times varying between ten and you can 15 years having businesses, that may purchase the eco-friendly strength created by the solar farms. To your complete €180 billion money on four solar power methods, €90 million out-of European union – NextGenerationEU funds was in fact secured through the Healing and you will Strength Business (RRF) plan “Greece 2.0” along with industrial personal debt investment (co-financing) regarding €54 million off Eurobank S.A beneficial. and you will Leader Bank S.A beneficial., and €thirty six mil of shareholders security. The financing was at the mercy of monetary intimate.

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