Greece gives priority status to close to 1 GW of solar projects

Solar projects with a combined capacity of roughly 1 GW, mostly in the Thessaly region of Greece, will be fast-tracked and considered strategic investments, the government said last week.

The priority status was awarded by The Interministerial Committee of Strategic Investments of Greece to a 630-MW/700-MWp project by investment company Enipeas Monoprosopi SA and a 362.75-MW proposal by Karatzis Group. As strategic investments, these schemes enter an accelerated permitting process and will be able to apply for different incentives. Such projects are realised by either the government, private companies or through public-private partnerships.

With an investment of EUR 350 million (USD 411.8m), Enipeas plans to build a giant solar park in the municipality of Farsala in Thessaly, to be capable of producing 1.02 TWh of power annually. The complex will be coupled with battery storage capacity.

Karatzis Group, meanwhile, will pour EUR 184.5 million to build a cluster of 52 photovoltaic (PV) plants across 550 hectares (1,359 acres) of land in Kilkis, north of Thessaloniki, and in Larissa, Thessaly.

(EUR 1.0 = USD 1.176)

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