星期六, 26 7 月, 2025
Home PV Project Enel buys wind projects up to 1,400 MW in Greece

Enel buys wind projects up to 1,400 MW in Greece

Italy's biggest utility Enel (ENEI.MI: Quote, Profile, Research) said on Monday it would participate in wind power generation projects in Greece worth up to 1,400 megawatts as it aims to boost renewable energy output and expand in Greece.

Enel said in a statement it has signed an agreement with Greek Damco Energy of the Copelouzos Group and International Constructional of Samaras group to participate in a pipeline of wind projects by acquiring a 30 percent stake in the partnership.


Enel will have the right to raise its stake up to 80 percent, the company said without disclosing the value of the deal.


Under the agreement, Enel will also have an option to participate to the development of additional 180 MW in Bulgaria.


Enel is the third-largest renewable energy operator in Greece with 91.3 MW of installed capacity and 36.1 MW under construction, which will be on stream by the end of this year.


"The further expansion of Enel's position in Greece is in line with the group's global strategy in the renewable energy as well as with its position as the largest non-incumbent energy player in south-eastern Europe," Enel said in the statement.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Tesla is set to build its biggest energy storage facility in China

Tesla, China Kangfu International Leasing, and the Shanghai Municipal Government signed a cooperation agreement to build an energy storage power station, which will become...

Sungrow launches next-gen hybrid residential energy storage system

China renewable energy solutions company Sungrow Power has revealed its newest hybrid next generation residential energy storage system (ESS), with its the latest in...

Desay Battery Unveils Proactive-Safety-Focused Energy Storage Technologies

On July 23, Desay Battery, a leading global provider of comprehensive energy storage solutions, held its mass production launch event in Changsha, China. The...

India will add 8,500 MWh of storage within the next two years

India Central Electricity Authority Chairperson Ghanshyam Prasad said on Wednesday that 3,300 MW of Battery Energy Storage System (BESS) projects are in the pipeline...