Meton Energy announces FID for two solar farms in Macedonia, Greece

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Tue, Apr 8, 2025, 8:32 AM 2 min read

Meton Energy, a associated task betwixt RWE Renewables Europe & Australia and PPC Renewables, has announced the last concern determination for 2 large-scale photovoltaic projects successful Central Macedonia, Greece.

The star farms, named Kotyli and Neo Syrakio, volition person a full capableness of 567 megawatts highest (MWp) and are expected to commence operation successful outpouring 2025, with commissioning successful 2027.

The projects volition make capable yearly vigor to proviso 140,000 households.

Meton Energy has secured ten-year bilateral powerfulness acquisition agreements with PPC and RWE Supply & Trading to acquisition the greenish energy produced.

The €418m concern includes €175m from European Union – NextGenerationEU funds done the betterment and resilience installation program known arsenic Greece 2.0, with the equilibrium financed by €169m successful commercialized indebtedness from Greek banks and shareholder contributions.

Formed successful 2021, the associated task has a 51% involvement held by RWE Renewables Europe & Australia, and a 49% involvement held by PPC Renewables.

The concern has already energised 5 star farms with a full capableness of 210MWp and completed operation of a sixth project.

Three further star farms, totalling 625MWp, volition beryllium operational by the extremity of 2025.

These 9 projects, located successful Western Macedonia, volition person a combined capableness of 940MWp.

RWE Renewables Europe & Australia CEO Katja Wünschel stated: “With our latest concern decision, we underpin erstwhile again our beardown committedness to the Greek marketplace with present astir 1.5 gigawatts of star capableness successful deployment. This large accomplishment is the effect of the fantabulous practice betwixt the teams progressive astatine RWE and PPC. Together we are accelerating the vigor modulation successful Greece.”

PPC Renewables CEO Konstantinos Mavros commented: “In Central Macedonia, we are creating a caller and sustainable future. Our co-operation with RWE has proven to beryllium an fantabulous objection of what we tin bash erstwhile we enactment together. Both our existent projects successful the aged lignite mines successful Amyntaio and the caller concern successful Central Macedonia mean much caller jobs some successful the operation and cognition phases, and a committedness for sustainable maturation and a brighter aboriginal for Greece.”

RWE Renewables Hellas CEO and Meton Energy CEO Costas Papamantellos added: “We are delivering our star projects astatine an awesome pace. The archetypal clump of the Amynteo portfolio is already energised, operation works for Amynteo Clusters II and III are astatine an precocious signifier and we are looking guardant to connecting each projects to the grid this year. By taking this FID, we person laid the crushed for our adjacent 2 large-scale photovoltaic projects successful Greece, which volition lend to scope the country’s clime goals.”