Description

Greece

Business ID: L#20240681

Solar PV capacity accounted for 13.0% of total power plant installations globally in 2022,  with a total recorded capacity of 1,109GW. Renewable energy is expected to contribute 30% of the global energy by the end of 2030, with installations totalling 4,002GW. Greece accounts for 0.45% of the total global Solar PV capacity.

Photovoltaic installations in Western Greece have seen tremendous growth in recent years. Western Greece is an ideal area for the development of photovoltaic installations due to its plentiful sunlight and favorable environment.

Greece has overtaken the Netherlands to become Europe’s solar PV leader, with 19% of its electricity coming directly from the sun.

Keypoints

• Total capacity: 110MW divided in different photovoltaic parks of: 999.58kw each;
• The owner is ready to sell 70 MW and to discuss partnership for the rest of 40 MW;
• Private owned land – belongs to the Company;
• The project is already under construction and connection will be made by the end of September;
• Each 999 project has its own small Trafo station and meter. All projects will be connected to the grid through 1 substation;
• All PV parks are developed in an area that is extended in a radius of 3km around the substation;
• The substation is private and developed by the company;
• Power Purchase Agreements have been signed for all the PVs;
• PPA for 20 years (+5) for PV that belongs to Energy Community;
• PPA for 20 years (+5) in case of transforming the Energy Communities into ordinary companies;
• The capacity of the transformer 20/150 is 110MW;
• The connection of the substation with the high voltage grid;
• The MV network (20kV) is PRIVSATE and consists of 9 lines. For the MV network projects, all permits have been obtained;

Key Data