By the end of this year, the renewable energy arm of Greek state-controlled Public Power Corporation (PPC) – PPC Renewables is planning to establish a consortium for investments in offshore wind farms and also to stage a tender for the construction of 100 MW in several renewable energy projects.
PPC Renewables CEO Konstatinos Mavros said that offshore wind farm projects demand major investment synergies and the company will seek to establish a consortium for this purpose. He also said that PPC Renewables plans to stage a tender for a total of 100 MW in new RES projects, one of which will be a large-scale solar farm, but also a large-scale wind farm.
Last week, the draft contract for the implementation of large solar project in Kozani developed by PPC Renewables received the approval of the competent parliamentary committee. In early 2020, PPC Renewables announced that it is planning to build large scale solar projects at its depleted lignite fields in West Macedonia and near Megalopoli, in the Peloponnese. The company selected METKA as the contractor for the construction of the plant, which is a part of a larger project which includes the construction of solar parks in Kozani with total power output of 230 MW. Estimated cost of the project is 130 million euros, of which 110 million is related to the 200 MW power plant.
