Ieropigi Kastoria Solar PV Park is a 20MW solar PV power project. It is planned in West Macedonia, Greece. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 20 – 20 Permitting West Macedonia, Greece Hellenic Petroleum Renewable Energy Sources; Larco Energiaki

Description

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The project is being developed and currently owned by Hellenic Petroleum Renewable Energy Sources and Larco Energiaki. The company’s ownership stake in the project stands as 51% and 49% respectively.

Ieropigi Kastoria Solar PV Park is a ground-mounted solar project.

The project is expected to generate 26,000MWh electricity to offset 47,700t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $31.77m.

Development Status

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The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.

About Hellenic Petroleum Renewable Energy Sources

Hellenic Petroleum Renewable Energy Sources SA (ELPE Renewables) is a company which deals in the production and trading of energy products produced by renewable energy sources. It is headquartered in Maroussi, Attica, Greece.

About Larco Energiaki

Larco Energiaki SA (Larco Energiaki) focuses on development of energy projects. Larco Energiaki is headquartered in Greece.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.