Greece’s Helleniq Energy Shines with 260-MW Solar Project

Jan 25, 2024 03:14 PM ET

• Greek oil company Helleniq Energy Holdings secures environmental approval for a 260-MW solar park in Western Macedonia, as part of its ambitious plan to reach 2 GW of renewables by 2030.

Greek oil company Helleniq Energy Holdings has received environmental approval to construct a 260-MW solar photovoltaic (PV) park in Greece’s Western Macedonia region. The permit was granted by the Ministry of the Interior and will be implemented by Helleniq Energy’s subsidiary, Fensol Holding. The project, called Mavrovouni, will cover an area of 1.1 million sq km and will utilize existing infrastructure and connect to high-voltage lines in the area. Helleniq Energy’s strategic plan is to have at least 1 GW of renewables in operation by 2025 and over 2 GW by 2030.

In addition to the solar project, Helleniq Renewables has also been awarded a license for a 50-MW battery storage project in central Greece. The company’s total development portfolio currently stands at over 4.2 GW.

What is the capacity of Helleniq Energy’s approved solar photovoltaic park in Greece?

• The approved solar photovoltaic park by Helleniq Energy Holdings in Greece has a capacity of 260 MW.
• The project, named Mavrovouni, will cover an extensive area of 1.1 million square kilometers.
• The construction and implementation of the solar park will be carried out by Helleniq Energy’s subsidiary, Fensol Holding.
• The park will utilize existing infrastructure and connect to high-voltage lines in the Western Macedonia region of Greece.
• Helleniq Energy’s strategic plan aims to have at least 1 GW of renewable energy in operation by 2025 and over 2 GW by 2030.
• In addition to the solar project, Helleniq Renewables has been awarded a license for a 50-MW battery storage project in central Greece.
• Helleniq Energy’s total development portfolio currently stands at over 4.2 GW, including both solar and battery storage projects.