EDP Renewables has inaugurated two new wind farms in Central Greece and Thessaly, adding nearly 70 MW to Greece's wind power capacity, which saw a modest expansion of 125 MW last year.
Τhe cost of climate change for Greece by the end of the century is estimated at €2 billion per year.
The companies Mytilineos and Karatzis have signed a power purchase agreement (PPA), allowing for the construction of three large photovoltaic plants in Greece.
HELLENiQ Renewables, a wholly owned subsidiary of HELLENiQ Energy, has announced the acquisition of solar parks with a total capacity of 180 MW from the UK's Lightsource near Kozani, in northern Greece.
The European Bank for Reconstruction and Development (EBRD) aims to foster a sustainable and inclusive mining sector in Greece with an equity investment of €56 million in Eldorado Gold Corporation. The strategic investment will support the development of the Skouries copper and gold mine in Greece, which is operated by Hellas Gold SA, Eldorado's wholly-owned subsidiary.
Greece and Egypt are discussing a partnership through which the import of electricity obtained from renewable sources in Europe will be carried out through the GREGY project. GREGY will enable the supply of 3,000 MW of green energy from Egypt to Greece. The project received a vote of confidence from the governments of the countries involved.
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
Polish energy group Orlen announced that its subsidiary, Energa Operator, has secured a €1.8bn loan to modernize the power grid, preparing it for the integration of renewable energy sources.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands.
