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Several top opportunity groups, RWE and you may Pay per click, provides entered pushes to simply help speeds the latest Greek times changeover. As a result of its jv company Meton Energy S.A great., RWE Renewables (51%) and you may Pay per click Renewables (49%) have taken the last financial commitment for 5 photovoltaic projects.
Thodoros Skylakakis, Greek Approach Minister off Loans: “A significant funding which can subscribe to the purpose of quickening the power changeover is found on tune to possess execution so it springtime, to your contribution of the Recovery and you can Resilience Funds. The total €180 million financial support questions the building of five photovoltaic tactics and you will needs added Western Macedonia. The green change is an option mainstay of the National Recovery and Strength Bundle, ‘Greece dos.0′, which is already in progress. Indeed, in these tough times, where in actuality the international community faces unmatched challenges, over €eleven billion have entered the official coffers using this worthwhile advancement strategy.”
Georgios Stassis, President and President regarding Ppc: “Clean energy sources are in the centre off PPC’s strategic planning having the development of renewable power ideas, shops technology and you may environmentally friendly hydrogen. I am believing that renewables together with storage tech usually means the brand new backbone of your electricity system in the next a decade worldwide. We still purchase individually within the renewable energy strategies, and in addition inside cooperation that have solid couples, particularly RWE. The introduction of the enormous solar pv methods for the West Macedonia shows our commitment to the ability change out of one another Ppc and you will Greece, when you’re at the same time supporting the role out of Western Macedonia because the opportunity hub of the nation.”
Markus Krebber, Ceo out of RWE AG: “As the RWE the audience is strongly committed to forge ahead the latest extension away from renewable vitality. Our company is excited about how well all of our relationship which have Pay per click Renewables was shifting. This year we’ll start building five highest-scale solar facilities to support the ability change inside Greece – one of several sunniest european countries. Referring to just the birth – we are waiting for handling Pay per click to grow much more solar pv strategies in the united kingdom.”
Brand new solar farms that have a complete strength of approximately 210 MWp (175 MWac) come in the Western Macedonia area on north out of Greece, into the borders of the previous Amynteo open-pit lignite mine. Framework work is scheduled to begin with within the springtime. Most of the four tactics will be fully working towards the end away from Q1/2024. Meton Time S.A beneficial. have finalized bilateral strength pick arrangements (PPAs) from intervals varying anywhere between ten and you can fifteen years having businesses, that will purchase the environmentally friendly energy produced by the new solar power facilities. Into total €180 mil investment throughout the five solar power methods, €90 million regarding European union – NextGenerationEU funds have been protected via the Recuperation and Strength Facility (RRF) plan “Greece 2.0” including industrial obligations money (co-financing) from €54 million off Eurobank S.A great. and you will Leader Lender S.An effective., including €thirty six mil off shareholders equity. The financing try subject to financial romantic.