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Two leading times communities, RWE and you will Pay per click, features entered forces to aid speeds the brand new Greek times changeover. Using the jv business Meton Opportunity S.A great., RWE Renewables (51%) and you may Pay per click Renewables (49%) have taken the final investment decision for 5 photovoltaic programs.
Thodoros Skylakakis, Greek Option Minister away from Funds: “A significant funding which can contribute to the goal of accelerating the energy transition is on track having execution that it spring, for the sum of Data recovery and you may Strength Financing. The total €180 mil financing concerns the development of five photovoltaic methods and will take devote West Macedonia. New green transition is a key mainstay of the National Recovery and you can Resilience Package, ‘Greece dos.0′, that’s already beginning. In fact, in these a down economy, where in actuality the in the world people faces unprecedented demands, more than €eleven million have already joined the official coffers from this rewarding development method.”
Georgios Stassis, President and you can Chief executive officer out-of Pay per click: “Brush energy sources are at the heart from PPC’s proper believed which have the development of renewable power systems, storage innovation and you may green hydrogen. https://hookupreviews.net/android-hookup-apps/ I am convinced that renewables together with stores innovation often means the fresh new central source of stamina system in the next ten years internationally. I continue steadily to purchase individually in renewable power programs, and also into the cooperation which have solid people, including RWE. The development of the massive photovoltaic programs when you look at the Western Macedonia reveals our very own commitment to the energy change regarding both Pay per click and you will Greece, while while doing so supporting the character off West Macedonia just like the time middle of the country.”
Markus Krebber, Chief executive officer away from RWE AG: “Because RWE we have been firmly committed to forge to come the new expansion from renewable energies. We are excited about how good all of our commitment having Pay per click Renewables are shifting. This season we’re going to start building four high-size solar farms to help with the ability change inside the Greece – one of several sunniest countries in europe. And this refers to just the beginning – we’re looking forward to working with Pay per click to grow much more solar pv projects in the country.”
Brand new solar power facilities having a complete capabilities around 210 MWp (175 MWac) can be found in brand new Western Macedonia region on northern of Greece, in the borders of your previous Amynteo open-pit lignite exploit. Design work is scheduled first off during the spring season. All the five programs will likely be totally working towards the end out of Q1/2024. Meton Energy S.A great. enjoys closed two-sided strength pick agreements (PPAs) off times ranging ranging from ten and you can fifteen years having third parties, that may purchase the environmentally friendly electricity produced by the solar facilities. To your complete €180 million money throughout the four solar tactics, €90 mil out-of European union – NextGenerationEU funds had been protected through the Data recovery and you will Resilience Facility (RRF) plan “Greece 2.0” also commercial personal debt funding (co-financing) of €54 million away from Eurobank S.A. and you may Alpha Bank S.A beneficial., along with €36 mil from investors collateral. The credit was at the mercy of financial personal.
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