Juwi starts building 204-MW solar park for Greece's Hellenic Petroleum

German renewables developer Juwi has kicked off construction on a 204-MW solar farm in Greece on behalf of domestic energy group Hellenic Petroleum Group.

The complex is set to become Europe's largest bifacial solar park, Juwi said on Wednesday. The German firm is the original developer of the scheme, while Hellenic Petroleum became its owner at the start of this year.

The Kozani photovoltaic (PV) park will be installed in the Kozani region of Western Macedonia at a total cost of EUR 130 million (USD 154.5m). Once operational at end-2021, it is expected to generate 300 million kWh of electricity per year, or enough to cover the consumption of around 75,000 local homes.

Juwi secured the project in a tender for renewable energy capacity that was held in April 2019. Hellenic Petroleum previously said that over 35% of the materials, equipment and employment needed for the project will be sourced locally.

"This is a further milestone for the Juwi group and for our Greek subsidiary, as the Kozani project is the largest single project in the company's almost 25-year history," said Stephan Hansen, member of the Juwi board of directors.

(EUR 1.0 = USD 1.189)

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