Greece Approves 2.8 GW Of Renewable Energy Projects

Good News Notes:

The Greek government has approved four investments into new renewable energy projects totalling 2.8 GW of wind and solar power capacity.

More than €2 billion will be spent on the four investment projects, including €888.1 million on the installation of 1.5 GW of solar photovoltaic (PV) parks across 12 regions of Central and Northern Greece, and a further €421.6 million on 37 PV plants with a total capacity of 830MW in Larissa, Magnesia and Kilkis.

The remaining investment will go towards one offshore wind development with 360MW, and a 120.3MW onshore wind project in Xanthi and Rodopi.

Greece’s state-owned Public Power Corporation has been tasked with developing the solar parks as part of a wider €5 billion roadmap to support the phase-out of coal generation by 2028.

The four projects will also create more than 300 jobs.

Greek Development and Investment Minister Adonis Georgiadis commented that the approval of the investments to fund the country’s solar expansion ‘continues uninterrupted’ despite the economic disruption brought on by the COVID-19 pandemic.”

View the whole story here: https://greekcitytimes.com/2021/01/01/greece-2-8gw-renewable-energy/

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