An investment of 80 million euros for the construction of a 100 megawatt photovoltaic park in Prosotsani, Drama, the first in the country to operate under the so-called PPA (Purchase Power Agreement, bilateral energy purchase contracts), announced today the company CERO (subsidiary of Macquarie), in an event held in Athens in the presence of the Ministers of Development and Investments Adonis Georgiadis, Environment and Energy Kostas Skrekas and the Deputy Minister of PEN Nikos Tagaras.
Speaking at the event, Mr. Skrekas emphasized that with the 5,000 megawatt RES units that were connected in the last 4 years, the country benefited almost 1.5 billion euros from the reduction in the cost of importing natural gas, while with the units that are planned in the coming years the target set for 2030 will be reached earlier, in 2026. He added that bilateral contracts are a priority for the development of RES, as they provide predictability for energy consumers in a period of high price volatility, while ensuring an acceleration of procedures for investors who will not have to wait for the call for tenders to implement their project.
The Minister of Development and Investments, Adonis Georgiadis, noted that Greece can play a huge role in the field of renewable sources. “The crisis in Ukraine is hurting us but in the long run it can bring great benefit. Investment in RES is becoming attractive and Greece has huge potential in this sector. When the grid upgrade is completed, the energy cost from a disadvantage will become an advantage for the country and Greece will become an energy exporter,” he stressed.
Nikos Tagaras, the Deputy Minister of Spatial Planning and Urban Environment of the Ministry of Interior, emphasized that attention is needed in the transition from fossil fuels to renewable sources, but also acceleration of the effort to end the uncertainties we are living in this period.
The managing director of Piraeus Bank, Christos Megalou, underlined that the bank financially supports the project, while he noted that the financing of green energy units by the bank in the next 2 years will exceed 1 billion euros.
CERO CEO Marta Martinez Queimadelos said the company aims to invest 3 gigawatts in Greece, in photovoltaics, wind farms and energy storage.
The energy from the photovoltaic will be purchased at a pre-agreed price by the Swiss AXPO, while the construction of the park, which is expected to be completed in a year, was undertaken by the American AMERESCO and the Greek SUNEL.
Source: Capital
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