Greece, ELPE has acquired solar power plant projects with combined power output of 303 MW

, SEE Energy News

Greek oil refiner Hellenic Petroleum (ELPE) has acquired solar power plant projects with combined power output of 303 MW, which is currently in the licensing stage.

The two solar projects located near Meliti ni Northern Greece, were acquired from renewable developer FEN SOL. The company also acquired smaller, already operational 16 MW solar power plant in the Viotia area from Trina Solar.

In addition, ELPE has completed its first large- scale solar project in Kozani, northern Greece. The 202 MW solar complex is expected to be connected to the electricity network soon. With this project, ELPE’s RES portfolio in operation Greece has reached almost 300 MW.

In February 2020, ELPE Renewables agreed to purchase unfinished solar project from juwi. The plant in question is located near Kozani in northern Greece and, with installed capacity of 204 MW, it will be the largest solar power plant in the country. Juwi already agreed with Greek Regulatory Authority for Energy (RAE) that the purchase price of electricity produced at the facility will be 5.73 eurocents/kWh.