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Several leading times communities, RWE and you may Ppc, keeps registered pushes to simply help accelerate the Greek times change. As a consequence of the jv team Meton Times S.An excellent., RWE Renewables (51%) and you will Ppc Renewables (49%) have taken the final investment decision for five photovoltaic plans.

Thodoros Skylakakis, Greek Alternative Minister regarding Funds: “An important resource which can donate to the reason for speeding up the power change is on song getting execution which spring season, on share of one’s Recovery and you can Strength Money. The total €180 mil investment issues the building of five photovoltaic ideas and you will needs devote West Macedonia. The new environmentally friendly transition is actually a key pillar of your own National Recovery and you may Resilience Bundle, ‘Greece dos.0′, that’s currently ongoing. Actually, throughout these tough times, where in fact the in the world community confronts unmatched demands, over €11 mil have registered the official coffers out of this worthwhile invention strategy.”

Georgios Stassis, President and Chief executive officer of Ppc: “Clean energy is in the centre out of PPC’s proper believe which have the introduction of renewable power plans, sites innovation and you may eco-friendly hydrogen. I am believing that renewables along side shops development have a tendency to setting the anchor of one’s electricity program in the next decade all over the world. We consistently invest independently in renewable energy strategies, in addition to inside collaboration which have strong partners, for example RWE. The development of the enormous solar pv systems within the Western Macedonia reveals our commitment to the ability changeover out-of both Ppc and you can Greece, when you find yourself on top of that giving support to the role out-of Western Macedonia since the times middle of the country.”

Markus Krebber, President out of RWE AG: “While the RWE we have been strongly dedicated to create to come the latest expansion away from renewable energies. We are excited about how good the connection with Ppc Renewables are progressing. In 2010 we’re going to begin to build five large-level solar power farms to help with the power changeover into the Greece – one of several sunniest countries in europe. And this refers to just the birth – the audience is waiting for coping with Ppc to grow alot more solar pv ideas in the united states.”

The fresh new solar power facilities that have an entire capacity around 210 MWp (175 MWac) have been in the latest Western Macedonia area throughout the north out-of Greece, for the boundaries of former Amynteo open pit lignite exploit. Framework work is booked to start in the spring season. All the four programs shall be totally operational towards the end out-of Q1/2024. Meton Opportunity S.Good. keeps finalized two-sided electricity purchase arrangements (PPAs) out-of times starting between ten and you can 15 years that have third parties, that may buy the eco-friendly energy created by the fresh solar power facilities. With the total €180 million funding on the four solar power tactics, €ninety billion regarding European union – NextGenerationEU loans was basically covered via the Recuperation and you can Strength Facility (RRF) plan “Greece 2.0” also industrial debt financing (co-financing) of €54 million out-of Eurobank S.An effective. and you can Alpha Financial S.A beneficial., and €thirty six million out of investors security. The credit try subject to economic close.