Two leading energy groups, RWE and PPC, have joined forces to help accelerate the Greek energy transition. Through their joint venture company Meton Energy, RWE Renewables (51%) and PPC Renewables (49%) have taken the final investment decision for five photovoltaic projects.The solar farms with a total capacity of around 210 MWp (175 MWac) are located in the Western Macedonia region in the north of Greece, within the boundaries of the former Amynteo open pit lignite mine. Construction work is scheduled to start in spring. All five projects should be fully operational by the end of Q1/2024. Meton Energy has signed bilateral power purchase agreements of durations ranging between 10 and 15 years with third parties, which will purchase the green electricity produced by the solar farms.
Two leading energy groups, RWE and PPC, have joined forces to help accelerate the Greek energy transition. Through their joint venture company Meton Energy, RWE Renewables (51%) and PPC Renewables (49%) have taken the final investment decision for five photovoltaic projects.The solar farms with a total capacity of around 210 MWp (175 MWac) are located in the Western Macedonia region in the north of Greece, within the boundaries of the former Amynteo open pit lignite mine. Construction work is scheduled to start in spring. All five projects should be fully operational by the end of Q1/2024. Meton Energy has signed bilateral power purchase agreements of durations ranging between 10 and 15 years with third parties, which will purchase the green electricity produced by the solar farms.
