The EU's latest Social Climate Plan approval will fund 200,000 heat pumps and solar water heaters for 460,000 vulnerable households, part of a landmark package for one of the EU's most energy-vulnerable member states.
Priority lists for the Greek market's 4.7 GW merchant battery call are on track for publication in September, clearing the way for grid capacity allocation. Applications have reached 9 GW, with transmission-system demand more than double available capacity.
With 50 GW of licensed projects awaiting connection terms and dealmaking in full swing, the country's largest renewables event returns for its eighth edition on 20 and 21 October.
RWE and PPC have finished building 930 MWp of solar capacity in Western Macedonia, part of a joint venture that also has 567 MWp under construction for 2027.
The Greek energy group is expanding its M RESET division with grid-scale storage projects in three European markets. Recent milestones include a 129 MW project in the UK, a 25 MW asset in Italy and Greece's largest standalone battery at 330 MW.
Banks are stepping up warnings to solar operators as loans fall into arrears, with output restrictions and falling power prices squeezing project income and pushing some towards default.
Expected capacity will comfortably beat 2024's record, but battery installations will reach only 1.1 GW, leaving projects exposed to curtailment and falling prices.
The acquisition of the digital platform developer brings jHub in-house for the Greek energy group, giving it a platform for real-time monitoring, forecasting and curtailment across its 3 GW renewable and storage portfolio.
Elevated wholesale prices and wider intraday spreads are lifting near-term battery returns to as much as 12 percent in Greece, with two-hour batteries entering in 2027 outperforming 2030-vintage projects by around two points.
Connection terms for co-located battery storage schemes sharing a single grid access point are expected to reach 500 MW shortly, accounting for half of the capacity cap set out under Greece's latest regulatory framework.
A €18.9 million financing package will support construction of the solar installation at Hellenic Halyvourgia's steelworks, covering around 20% of electricity needs and cutting annual carbon emissions by more than 22,000 tonnes.
Domestic banks have approved financing for storage on operating PV assets, with talks now underway to extend the model from single sites to full photovoltaic portfolios.
The reworked national recovery package shifts weight towards small-scale PV on homes and farms, with previous goals for solar water heaters and heat pumps pared back after persistent rollout difficulties.
The Island Decarbonisation Fund is due to launch in the coming months, with European Investment Bank approval of the investment plan by June clearing the way for first project financing.
A committee led by the energy ministry has begun screening 4.7 GW of merchant battery applications, with initial results due by June to prepare connection terms for the first 2 GW of projects.
The domestic battery storage sector is entering a new phase, with deal activity emerging around merchant projects expected to be prioritised under the Ministry of Environment and Energy support scheme.
Based on network modelling and connection data, a recent study by distribution network operator Deddie/Hedno suggests that between 1.8 GW and 2.9 GW of battery storage could be connected to Greece’s existing distribution grid.
With a 3 GW pipeline of solar and battery projects, Metlen is strengthening its position in Italy through new storage projects, tolling agreements and partnerships with industrial energy consumers.
The Greek Environment and Energy Ministry plans to revive auction-based support for renewables, with wind and solar auctions set to return after a gap of more than three years.
Metlen and Tsakos Group will jointly invest in one of Greece’s largest hybrid plants, combining large-scale solar generation with 375 MWh of battery storage, scheduled for completion in early 2028.
The battery division of Trina Solar has signed its first project in Greece with PPC Renewables, delivering a 50 MW / 200 MWh system to be installed in Western Macedonia.
A new joint venture from Metlen and Karatzis will deliver a €170 million utility-scale battery system in Thessaly, with completion targeted for Q2 2026.
The transaction with Mirova, a subsidiary of Natixis Investment Managers, keeps Juwi engaged as EPC and O&M contractor, with work on the Greek solar parks set to start in November.
As Greece’s PV market expands into large-scale projects, Helapco President Panagiotis Mourtopallas explains why clear rules for self-consumption are needed.
Efstathios Sideris, President of the Foreign Investors Council (FIC), shares his insights on financing conditions for solar in Greece and the role of local involvement.
