More than 800 MW of floating PV under development in Greece
Greek conglomerate Gek Terna has unveiled plans to deploy three large-scale floating PV plants at three different water reservoirs. Total investment in the projects is expected to amount to €170 million. Furthermore, the national utility PPC is reportedly planning to deploy another 50 MW and InterPhoton Group is considering to build a 500 MW facility.
Greece plans 350 MW solar-wind tender in May and a further 2.1 GW to 2024
The national energy regulator has announced the country will host its third joint solar-wind tender and the energy ministry separately confirmed the procurement timetable will continue until 2024, auctioning an additional 2.1 GW of solar and wind power capacity via another six auctions.
Bulgaria and Romania set to be EU solar hotspots
Each of the nations, like Greece, will have gigawatt-plus solar additions in 2024, according to Solarpower Europe, enough to carve out a 3% slice of an anticipated 35 GW regional market.
Greece supports rooftop PV and residential storage through energy efficiency program
Launched in November, the “saving-autonomous” program is currently seeing strong interest from homeowners. The program has an €850 million budget and is intended at enabling around 600,000 homeowners to make their houses more energy-efficient by 2030. It includes the installation of a rooftop PV system in the frame of a renovation project.
Juwi begins work on 204 MW solar park in Greece
The German renewable energy developer secured the €130m project in a tender held by the Greek government.
‘EU law permits member states to amend or withdraw FIT payment terms’
An advocate general at the European Court of Justice has said Italy’s decision to amend the terms of signed, 20-year solar incentive contracts in 2014 does not conflict with European law.
European islands make decarbonization pledges
Often dependent on fuel imports from the mainland and frequently powered by fossil fuels, islands have taken center stage at an online forum which builds on a political process kicked-off by Croatia’s presidency of the European Council.
Engie EPS deploys ‘power-to-power’ hydrogen-based storage solution
Engie’s storage subsidiary has unveiled its hydrogen-based energy storage system, built with its proprietary technology, in Agkistro, Greece.
EBRD provides €75m for 204 MW of solar near Greek coal plants
The development lender will supply three-quarters of the funds as Hellenic Petroleum aims to raise €100 million for a reported 18 solar sites in the nation’s coal heartland.
Will a watered down EU Just Transition Fund still be effective?
The EU Council has rejected a Covid-inspired European Commission proposal for a €40 billion warchest to help coal-dependent regions shift to renewables, with the heads of member states instead allocating €17.5 billion. Despite the final figure being €10 billion higher than that suggested by the commission before coronavirus battered Europe, questions have been asked about how useful the program will be.
