Greek Government approved four large-scale RES investments

, SEE Energy News

Four large-scale renewable energy projects with combined installed capacity of 2,800 MW and value of more than 2 billion euros were approved by the Greek Government.

The first project on the list is related to the construction of several solar power plants with a total capacity of 1.5 GW in central and northern Greece, by the Egnatia Group with a budget of 888 million euros.

Terna Energy is in charge of the second project – the development of 18 wind farms with combined capacity of 360 MW at Karystos on the island of Evia, with a budget of 585 million euros.

The third project provides for the construction of five wind farms, the investment of 121.3 million in total, with a combined capacity of 120.3 MW in Thrace. The last project is developed by Karatzis and envisages the construction of 37 solar power plants with 830 MW total output in Larissa, Magnesia and Kilkis. The project’s cost is around 420 million euros.