turnkey hybrid solar inverter EPC contract price in Greece

By Energy Storage News · · 3-5 min read

Will PPC's new 550 MW plant participate in Greece's renewable power tenders?

The new 550 MW plant is part of PPC’s master plan to install 3 GW of PV capacity on the Peloponnese Peninsula in southern Greece and in the former mining region of Kozani in the north. PPC Renewables’ chief executive, Konstantinos Mavros, told pv magazine that the new 550 MW plant won’t participate in Greece’s renewable power tenders scheme.

How much does a 550 MW solar plant cost in Greece?

The 550 MW solar plant will be built in Kozani, in Greece’s Macedonia region, which was the nation's lignite hub for decades. PPC Renewables estimates the cost of the 550 MW plant to be around €216 million ($221.4 million), excluding the cost of PV modules. However, bids for the tender can exceed that sum, said PPC.

Does PPC renewables have a subsidy-free solar project in Kozani?

Instead, the new project in Kozani will operate subsidy-free, based on a power purchase agreement (PPA) signed between PPC Renewables and its parent, Greece’s dominant electricity supplier. Mavros said the 550 MW plant in Kozani is the company’s second subsidy-free, PPA-based solar project.

Where is PPC renewables putting solar power in ?

It already has a 50 MW solar array under construction in Megalopolis, a mining town on the Peloponnese Peninsula. The EPC contract for that project was won by Greece's Terna Energy in the summer of . In October, PPC Renewables signed a deal with Germany’s RWE to develop 2 GW of coal-mine solar capacity.

Will Greece build a subsidy-free solar plant at a lignite mine?

Greece’s Public Power Corp. (PPC) Renewables, the green energy division of state-owned PPC, has kicked off a tender for a 550 MW subsidy-free solar plant at a former lignite mine. The 550 MW solar plant will be built in Kozani, in Greece’s Macedonia region, which was the nation's lignite hub for decades.

Who won the EPC contract in ?

The EPC contract for that project was won by Greece's Terna Energy in the summer of . In October, PPC Renewables signed a deal with Germany’s RWE to develop 2 GW of coal-mine solar capacity. Mavros has since visiting RWE’s headquarters in Germany in July.

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Greek utility launches EPC tender for 550 MW of solar

The new 550 MW plant is part of PPC’s master plan to install 3 GW of PV capacity on the Peloponnese Peninsula in southern Greece and in the former mining region of Kozani in the north.

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As for the auctions to take place in , the prices were set at EUR 70 per MWh for PV and at EUR 83 per MWh for wind farms. Investors that win at the joint tenders will have a maximum of 36 months to realize wind

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