Greece is on track to accelerate solar deployment in the coming years, with the sector boosted by rising demand for renewable offtake agreements from corporations and clean energy policies from the EU, according to the general manager of Greek industrial group Mytilineos’s renewables business.
Two European solar companies have announced new acquisitions as investment company TRIG secures 234MW of assets in Spain, while Greek industrial group Mytilineos signed an agreement for 90MW in Romania
Greek industrial group Mytilineos recorded a net profit of €77 million (US$91 million) in H1 2021, however the firm’s renewables division witnessed a drop in revenue year-on-year.
A round-up of the latest project news, as Mytilineos is chosen as EPC for a project in Uzbekistan, Clenergy forms a deal with the local Kongtong government for 150MW and CleanCapital teams up with CI Renewables for a 29MW portfolio.
Mytilineos is looking to transfer its global experience of solar and storage project development to help decarbonise the Greek electrical system and hit 3GW of PV capacity by 2030.
Greek industrial group Mytilineos has acquired a portfolio of solar and battery storage projects in a €56 million transaction it says “heralds the transition to a new era” for the company.
Greek industrial group Mytilineos said 2020 turnover from its renewables and storage development unit was around 40% lower than forecasted due to contracting and construction delays as a result of the coronavirus pandemic.
The inside scoop of how Mytilineos defied national protests and the onset of the novel coronavirus in 2020 to complete one of Chile’s largest solar farms in the Atacama desert.
A round-up of the latest solar industry news from around the world, as Yingli and JA Solar secure module supply deals, Keppel acquires a stake in a 500MW project and Mytilineos expands in Australia and Spain.
