PPC gets licences for 106 MW of wind parks in Greece

Oct 22, 2014 - Greek electric utility Public Power Corp SA (PPC) said today it had received electricity generation licences for 106 MW of wind farms in Rodopi region, northern Greece.

The licences were granted to PPC’s green energy unit PPC Renewables SA by the Regulatory Authority for Energy (RAE) of Greece. The two wind projects are calling for a total investment of EUR 127.2 billion (USD 162bn), PPC said.

In July, the Greek power utility said its board had approved an EUR-180-million investment for the construction of a 150-MW wind park in Rodopi. PPC’s board also approved a plan to spend EUR 9 million on a 7.5-MW wind project in Crete, as well as an investment of EUR 3.96 million for the installation of an additional turbine of up to 3.3 MW.

(EUR 1.0 = USD 1.27)

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