Greece, Ellaktor is aiming to develop a RES portfolio of 1.2 GW by 2025

, SEE Energy News

Greek construction group Ellaktor, which is also active in the renewable energy market, is aiming to develop a RES portfolio of 1.2 GW by 2025.

The Group’s CEO Thymios Bouloutas said that the target is aligned with the need for energy independence that sparked after the war in Ukraine.

Through its renewables division, Ellaktor currently owns 493 MW of installed capacity in wind, hydropower and solar power in Greece, although the majority of that capacity comes from wind power.

Under a partnership with Portuguese EDP Reno- vaveis, Ellaktor is currently developing 496 MW of wind projects in Evia and is also working on the development of 200 MW in wind power in Thrace and Laconia.

In early April, the company received an environ- mental permit for its 106 MW wind project on the Evia island, which should consist of five smaller wind farms. Three wind farms of 15 MW will be built at the site, as well as two larger parks with capacities of 55 MW and 60 MW, respectively. The complex will be powered by a total of 32 SG145 wind turbines by Siemens Gamesa.

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