German renewable energy project developer juwi AG and its Greek subsidiary juwi Hellas AE have entered into a sale and contract agreement with HELPE Renewables, for Greece’s largest renewable energy project to date, Project Kozani.
Two years on, Project Kozani is a much larger, 204.3 MWp solar PV power project. After it has been put into operation, which it is anticipated will be in the fourth quarter of 2020, the project will save 300,000 tons of greenhouse gas emissions each year.
Andreas Siamisis, Hellenic Petroleum's CEO, said it is an 130 million euros investment that will create 350 job positions and produce 300 GWh annually, energy enough to supply 75,000 households with power and save 300,000 tons of CO2 emissions annually.
After it has been put into operation, which it is anticipated will be in the fourth quarter of 2020, the project will save 300,000 tons of greenhouse gas emissions each year.
“The project highlights the enormous potential of solar energy – not just in Greece but all over the world,” said Stephan Hansen, a member of juwi’s managing board, in a statement.
Greece’s new national energy plan mandates 7.7 GW of cumulative solar PV capacity by 2030, up from approximately 2.7 GW of installed capacity at present. Specifically, the plan calls for the nation’s total installed PV capacity to increase from 3 GW in 2020 to 3.9 GW in 2022, 5.3 GW in 2025, and 6.3 GW in 2027.
Greece’s new energy plan also provides for greater energy efficiency, electric mobility, and a competitive electricity market that could potentially bring the country’s energy system on par with the latest technological and market developments throughout the world.
Remind, that according to the Concept of the Green Energy Transition of Ukraine plan to generate 70% energy from renewable energy sources by 2050. But to achieve this ambitious goal, Ukraine have new challenges and firstly Ukraine needs to create clear rules of the game and a transparent tariff policy for investors: in particular, to implement an effective auction system for renewable energy facilities and to go back from retrospectively reducing the “green” tariffs for installed solar power plants.
The issues of new regulatory conditions for the industry and potential risks will be the focus of the main Solar Energy Conference CISOLAR 2020 that will be held on the 7th of April at the Fairmont Hotel (1 Naberezhno-Khreshchatytska Street, Kyiv). This year, the event will bring together more than 500 delegates and outstanding speakers from 40+ countries.
CISOLAR 2020, 9th International Solar Energy Conference and Trade Show of Central and Eastern Europe
Register at the CISOLAR 2020 and get the main insights of the solar energy future development: https://conference.cis-solar.com/