The underwater cable plugged into Naxos is central to Greece''s strategy to attract critical renewable energy investments. The idea is to build Greece''s incomplete infrastructure to cycle more ...
The Greek minister of energy has recently announced the targets of the new NECP which is expected to be published shortly. For energy storage, the target for …
Greece aims to reach a 70% renewables share in the power consumed locally by 2030. Last year, the EC endorsed the country''s EUR-30.5-billion recovery and resilience facility, of which 37.5% has been earmarked for …
Greece and North Macedonia have made the final investment decision to build a 123-kilometer gas pipeline. Their first natural gas interconnection would give North Macedonia an alternative to its only supplying route …
Overview and key findings – World Energy Investment 2022
The aid has an "incentive effect" as the beneficiaries would not carry out the investments in decarbonisation to the same extent without the public support. The aid has a limited impact on competition and trade within the EU. In particular, the aid is proportionate, and ...
A new energy economy is emerging
This year''s edition of the World Energy Investment report provides a full update on the investment picture in 2021 and full-year estimates of the outlook for 2022. It examines how investors are assessing risks and opportunities across all …
Whether the new energy battery is worth investment or not has become the biggest question in everyone''s heart. New energy is a very rare opportunity for China. In the past, China has been catching up in many fields, but this time China has not lost at the starting line, and it is very likely to lead the development of global new energy in the future.
China Energy Investment Corporation, one of the world''s largest power companies, has signed a cooperation agreement with Greece''s Copelouzos Group for renewable energy and conventional electricity. Under the agreement, China Energy will enter into the equity ...
Power storage initiatives will create a wide range of opportunities for investment, while potentially reducing the need for carbon intensive generation. The government of Greece has unveiled plans to launch a tender for 700MW battery storage capacity in Q421. The ...
An energy storage webinar organized last year by Greece''s energy regulator suggested the country would need about 1,500 to 1,750 MW of new energy storage capacity to meet 60% of its 2030 ...
According to the Energy and Environment minister, Greece''s 2030 revised renewable energy goal is now set at 28 GW plus 7 GW of storage. Energy and Environment minister Kostas Skrekas announced yesterday that Greece''s revised 2030 goal for renewables share is set at 80% to reduce energy costs and be compatible with …
Greece plans to invite investors to build batteries for renewable energy power, with a total storage capacity of 700 megawatt, later this year, the energy minister …
Discover innovative power solutions globally with Sunlight Group. We specialize in cutting-edge technologies and solutions for sustainable energy, energy storage systems and advanced power management. Explore our …
Specialist battery company Sunlight, a member of Olympia Group, will significantly increase manufacturing capacity and create new jobs at its state-of-the-art …
Apart from standalone battery projects, companies are very keen to include batteries in existing renewable energy investments to acquire priority in their connection terms. According to the most recent …
Of the total resources, EUR 300 million will go towards all investments outlined in the definition of the Greek Green Funds, with the additional option to invest in non-energy infrastructure projects worth up to 30% …
While 12 projects won awards in the first tranche of Greece''s recent grid-scale energy storage auctions, what of the c.500 totalling nearly 27GW that didn''t? Jon Ferris, LCP Delta''s Head of Flexibility and Storage, looks at …
Policy developments – Global EV Outlook 2023 – Analysis
The EU''s executive arm has approved the €341 million plan. The EU has approved a plan by the government in Greece to put €341 million (US$339.5 million) towards a 900MW energy storage pipeline, under its state aid rules. The European Commission, the EU''s ...
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