Greece’s PPC Renewables launches 550 MW photo voltaic plant tender

SOFIA (Bulgaria), August 12 (SeeNews) – PPC Renewables, the inexperienced vitality unit of Greek energy utility PPC, mentioned it has launched a young for the development and commissioning of a 550 MW photo voltaic park on the web site of the previous Ptolemaida lignite mine, within the northwestern a part of the nation.

The estimated worth of the undertaking is 216 million euro ($222.4 million) excluding VAT and the supply of photovoltaic (PV) panels, PPC Renewables mentioned in tender paperwork revealed earlier this week.

The Ptolemaida mine is positioned within the municipalities of Eordaia and Kozani, in Greece’s Western Macedonia area.

The contractor is required to hold out the undertaking examine, development, procurement, transportation and set up of different tools by to commissioning of the power in addition to the development and restore of connections to the grid, together with substations.

Bids will probably be accepted till noon on September 30.

In June, the Greek energy utility struck a binding settlement to accumulate the 112 MW renewable vitality portfolio of Volterra AE, the vitality division of Greek development group Avax, and switch it to PPC Renewables.

PPC’s present marketing strategy foresees a rise in its put in renewables capability to 7.2 GW by 2024 and to 9.5 GW by 2026.

In late 2021, PPC carried out a 1.35 billion capital improve, with a 75 million euro participation from the European Financial institution for Reconstruction and Improvement (EBRD), with the purpose of dashing up renewable vitality investments in Greece and adjoining markets in Southeast Europe.

($ = 0.97137 euro)

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