RWE: five photovoltaic projects in Greece

(CercleFinance.com) - RWE announces that it has made the final investment decision for five photovoltaic projects in Greece through its joint venture Meton Energy, which is jointly owned by its subsidiary RWE Renewables (51%) and PPC Renewables (49%).


The solar parks, which have a total capacity of approximately 210 MWp are located in Western Macedonia, within the boundaries of the former open-cast lignite mine of Amynteo. Construction is scheduled to start in the spring.

The five projects, representing a total investment of 180 million euros, are expected to be fully operational by the end of Q1 2024. Meton Energy has signed bilateral power purchase agreements of between 10 and 15 years with third parties.


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