Greece gives strategic investment status to 250-MWp solar scheme by Qair

Solar panels. Featured Image: Jackiso/Shutterstock.com

January 11 (Renewables Now) - A 250-MWp solar project in Greece proposed by French renewable power producer Qair has joined the country’s list of strategic investments, a government agency announced.

Qair’s project was one of four schemes given the strategic investment status by the Greek Interministerial Committee on Strategic Investments. The projects represent a combined investment of EUR 436 million.

The specific photovoltaic (PV) park is set to be built by Qair Hellas Energy, Qair’s Greek arm, at an investment of EUR 160 million (USD 181.2m). The developer’s plan is to install solar panels that will be capable of generating 426,758 GWh of electricity per year. It will be located in Larissa's Kallithea hamlet, in the Thessaly region of central Greece.

At present, Qair operates 500 MW of renewable power generation capacity and has 700 MW of additional projects in the construction and financing phases, while 3 GW of schemes are under development for future deployment.

(EUR 1.0 = USD 1.133)

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Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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