Greece’s Ellaktor targets 1.2 GW of renewables by 2025 – report

April 14 (Renewables Now) – Greek development group Ellaktor SA (ATH:ELLAKTOR), which can also be energetic within the renewable power market, will search to develop 1.2 GW of renewable power initiatives by 2025, Energypress reviews.

The aim was unveiled by the corporate’s CEO Thymios Bouloutas throughout a press convention devoted to Ellaktor’s 2021 monetary outcomes. The CEO was cited as saying that the goal is aligned with the necessity for power independence that sparked after the conflict in Ukraine.

Via its renewables division, Ellaktor owns 493 MW of wind, hydropower and solar energy era crops at residence. The majority of the capability comes from wind generators.

Underneath a partnership with Portugal’s EDP Renovaveis SA, the Greek firm at the moment is creating 496 MW of wind initiatives in Evia and can also be engaged on the event of 200 MW of wind schemes in Thrace and Laconia. Initiatives associated to a wind-hydro dispatchable hybrid undertaking in Lesvos and wind farm extensions in Epirus and Peloponnese are additionally ongoing, Ellaktor’s monetary report reveals.

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