RWE and PPC Renewables have announced their plans to build five solar power plants in Central Macedonia with a combined capacity of 567.5 MW. This joint venture aims to expand RWE’s solar portfolio in Greece to approximately 1.6 GW.
RWE and PPC Renewables Expand Central Macedonia Solar Projects Portfolio in Greece
RWE and PPC Renewables, a subsidiary of the Greek utility Public Power Corporation (PPC), are advancing their solar power projects in Greece. Through their joint venture, Meton Energy SA, the companies are gearing up to install 567.5 MW across five solar power plants in the Central Macedonia region. For further details, check out RWE and PPC to Build 567 MW Solar Projects Macedonia for a Stunning ….
This expansion is part of a broader initiative by the joint venture to develop a portfolio of solar projects totalling around 1.6 GW in Greece.
Meton Energy SA — a joint venture owned equally by RWE and PPC Renewables — was formed to build and operate solar plants in Greece. It has already secured 15-year power purchase agreements (PPAs) for the upcoming projects.
RWE and PPC Renewables Invest €500 Million in Central Macedonia Solar Projects
The companies plan to invest approximately €500 million in the solar projects, with construction expected to begin in 2026. This substantial investment underscores the commitment to scaling up renewable energy infrastructure in the region.
RWE and PPC Renewables have already completed a 210 MW solar portfolio in the Western Macedonia region, which has been operating since the previous year. This successful completion marks a significant milestone in their journey towards sustainable energy solutions.
These new projects in Central Macedonia will further boost the joint venture’s solar capacity, contributing significantly to Greece’s renewable energy goals and the companies’ commitment to sustainable energy solutions. By leveraging such partnerships and investments, Greece continues to make strides in its renewable energy sector, aligning with broader European energy standards and environmental targets.
