Portuguese firm EDPR is developing an investment plan of at least 500 million euros for the development of RES projects in Greece by 2025.
The 4th largest producer of electricity in the world from wind, photovoltaic and offshore wind turbines with a total capacity of 600 Megawatts, as announced yesterday during a press conference by Damian Rodriguez Prado, General Manager of EDPR Greece and Dionysios Andronas, Head of Construction in our country.
The Portuguese company, according to the two executives, has a portfolio of projects with a total capacity of 1.1 Gigawatts, while the installed capacity it has today is 45 MW. Its executives described our country as the third in Europe, after Spain and Denmark, which has set high goals for the penetration of RES by 2030. This fact, combined with the high wind and solar potential, lead EDPR to aim at developing as a major player.
The alliances
Mr. Rodriguez Prado and Mr. Andronas referred to the alliances they have developed in our country for the development of RES projects and they are TERNA ENERGY, PPC and Ellactor.
As they explained for their more dynamic participation in the investments, they expect the institutional framework for the offshore wind farms, where they participate with the French Engie and TERNA ENERGY in the Ocean Winds consortium, the way the new RES auctions are conducted by RAE and the creation of macro markets. bilateral contracts (PPAs).
EDPR operates in 26 international markets in Europe, North and Latin America and Asia and for the five years 2021 – 2025 intend to invest 19 billion. euros to increase the installed capacity of RES from about 12 Gigawatts today to 20 Gigawatts.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
Greece’s Trade Deficit Surges by 18.7% in Nov. 2024
For the first 11 months of 2024, the total value of imports reached 77.3793 billion euros, a 1.9% rise compared to 75.9482 billion euros in the same period of 2023.
Installing EV Chargers in Your Building is Harder than You Think
So, you just bought an EV in Greece and can’t wait to set up a charger in your apartment building’s parking space? Not so fast—there are a few hurdles you’ll need to clear first.
Greece Announces Grants to Unemployed for New SMEs
Unemployed individuals seeking 12-month grants to fund the creation of new SMEs can apply online until January 21.
Port of Piraeus Reports Record-breaking Year for Cruise Sector
First cruise ship of the season, Viking Saturn, greeted at Greece's largest, busiest port
Greek Energy Minister Skylakakis Announces Subsidies to Mitigate Electricity Prices
“When prices exceed a certain threshold, we intervene,” said Skylakakis
Mitsotakis: Greece is a Beacon of Stability in an Unstable World
Greek Prime Minister Kyriakos Mitsotakis described Greece as a "beacon of stability in an unstable world" following the Epiphany water blessing ceremony at Dexameni Square in Athens.
The Life of Former Prime Minister Kostas Simitis
Former Minister Kostas Simitis played a defining role in shaping Greece’s economic and political landscape at the turn of the millennium
Four Days of National Mourning for Passing of Kostas Simitis
Four days of national mourning have been declared for the death of former Prime Minister Kostas Simitis
Former Greek Prime Minister Kostas Simitis Dies at 88
Kostas Simitis, Greece’s former Prime Minister, died this morning, January 5, at the age of 88.
