PPC is evolving into a “green” energy “giant” aiming at the development of RES projects with a total capacity of 10 GW by 2026. That is, the current installed capacity of the company’s power plants, which in the vast majority operate with its lignite fossil fuels, natural gas and diesel.
In the updated strategic plan of the company that accompanies the newsletter for the increase of the share capital, the whole “green” portfolio of the new PPC is unfolded, which aspires to lead the energy transition of the country.
This is the whole range of RES technologies. With most of the 10 GW consisting of wind power 4.3 GW and photovoltaic total power 3.9 GW.
Also the storage systems that the company seeks to run are over 1.1 GW, new hydroelectric projects are at 100 MW, geothermal projects on islands are at 40 MW, and hybrids at 10 MW.
From the “green” basket of RES, PPC has the most investment plans in Western Macedonia where it plans to develop photovoltaic power over 3 GW which will be built in its lignite mines. Large wind farms of 2.7 GW are scheduled for Crete and more than 1 GW for the Dodecanese. The company’s plans for floating offshore wind power of 180 MW have a prominent place. Information wants the specific power to be the share of PPC from its possible participation in a consortium of companies.
The selection of mature projects
These 10 GW are its developing portfolio, ie these are projects from which the company will choose to build its share in RES.
According to the prospectus for the increase of the share capital, PPC aims at an installed capacity of RES systems with a total capacity of 10 GW. These include its current hydroelectric power of 3.2 GW and another 200 MW of photovoltaic and wind turbines that are already operating.
It also has already secured, ie mature projects on privately owned land and with locked connection terms providing 3 GW. These are going to be operational by 2024. By 2026 it will reach a total of 9.5 to 10 GW of which 8.3 GW will be in Greece and 1.1 GW will be in the Balkan markets. The majority of RES that will operate by 2026 will be photovoltaic with a total capacity of 3.4 GW.
Essentially, PPC from today until 2026 will add RES with a total capacity of more than 5 GW.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Travel Revenues up 5.4% in Dec. 2024: Bank of Greece
Visitors from Germany, Italy and the U.S. made up the bulk of visitors to Greece, while tourists from the EU27 members accounted for 54.6% of the aggregate receipts in December 2024.
Greece’s Retail Sector Turnover Sees 2.4% Growth in 2024
Among the regions, the North Aegean recorded the highest turnover growth in 2024, with a 3.8% increase, followed by Attica with 3%.
Greece Reallocates Emissions Funds, Prioritizing Industry Over Consumers and Green Transition
Greece shifts €152 million in emissions funds to aid energy-intensive sectors like aluminum and steel at the expense of support for consumers, renewable energy and the green transition.
Santorini Tourism Union Demands Emergency Support Amid Cyclades Seismic Crisis
The Greek government is reportedly considering a mini support package for Santorini, to be activated if the island's seismic activity persists for an extended period.
Societe Generale Says Greek Stock Market Appealing
The French multinational bank and financial services company firm highlights notable differences in equity risk premiums between Eurozone core and peripheral countries
Greece a Safe Destination, Says Tourism Minister Kefalogianni
The Minister noted that Santorini was geologically unique, reassuring everyone that the Tourism Ministry was in close cooperation with experts to monitor the situation and take appropriate measures
Life Expectancy Rise in Europe Slows Down – Greece, UK Record Highest Declines: Lancet Medical Journal
Poor diet and lack of physical activity are seen as key factors contributing to the negative trend.
Capital Ship Management and Lloyd’s Register Complete the World’s First Tanker On-shore Power Supply Compatibility Assessment
This innovative project marks a significant step forward in the transition towards sustainable port operations
Greek Airports See 12.6% Surge in Passenger Traffic in January 2025
The steady extension of the tourist season is fueling optimism, highlighting Greece’s strong position as a top global destination
Greek Foreign Minister Gerapetritis to Meet U.S. Counterpart Rubio in the U.S.
Greek FM Gerapetritis will be in the U.S. to speak before the United Nations Security Council in New York on Monday and Tuesday, focusing on the war in Ukraine and developments in Syria.
![ΑΠΕ: Ρεκόρ παραγωγής ενέργειας από ΑΠΕ στην ΕΕ το 2023 – Η θέση της Ελλάδας [γραφήματα]](https://www.ot.gr/wp-content/uploads/2025/02/ot_ape_ola-1024x600-1-90x90.png)
![Τουρισμός: Τα απανωτά ρεκόρ και ο αστερίσκος της Σαντορίνης – Το στοίχημα της σεζόν [πίνακες]](https://www.ot.gr/wp-content/uploads/2025/01/tourismos-90x90.jpg)
