SUBSCRIBE
PROFILE

Axpo and EDF Renewables sign a short-term PPA for two solar plants in Greece

Axpo and EDF Renewables Hellas have signed a short-term power purchase agreement for the output of two solar plants in Greece, with a total capacity of 102 megawatts.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

START NOW — 4.90$/month

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

SUBSCRIBE — 99$/year

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Sign up for free to unlock this article

Axpo and EDF Renewables Hellas announced the signing of a short-term power purchase agreement for the operation of two photovoltaic plants located in the Viotia region of Greece. According to information released on April 28, Axpo has committed to purchasing the entire energy output from the Skala Korinis and Loutsa sites, commissioned in 2023, with a combined capacity of 102 megawatts (MW).

A strategic partnership in renewable energy

Vasilis Machias, Managing Director of Axpo Greece, stated that this agreement strengthens the company’s position in the renewable energy market across Central and South-Eastern Europe. “By leveraging our expertise as an international leader in renewables, wholesale trading, and risk management, we are further optimising our regional portfolio,” Vasilis Machias said in a statement released by Axpo.

Antonis Xenios, Chief Executive Officer of EDF Renewables Hellas, highlighted the importance of this collaboration in developing the sector’s potential. According to EDF Renewables Hellas, the subsidiary holds an estimated portfolio of 4.5 gigawatts (GW) of projects under development in Greece, encompassing a full range of renewable electricity production technologies.

Regional expansion and portfolio diversification

Axpo Group, headquartered in Switzerland, currently manages a renewable portfolio of 93 terawatt-hours (TWh) across Europe. By combining its local market knowledge in Greece with Europe-wide resources and infrastructure, Axpo aims to strengthen its role throughout the electricity value chain in the Greek market.

EDF Renewables Hellas, a major player in the Greek renewable energy system, benefits from the global experience of the EDF Renewables Group in the energy transition sector. The subsidiary continues its diversification efforts by expanding its portfolio of solar, wind, and other renewable projects throughout Greece.

  • Popular on energynews.pro
ScottishPower halts green hydrogen projects despite public funding
United States clears Rio Grande and Commonwealth LNG toward final decisions
Colombia: Petro blocks coal to Israel in a political showdown
Egypt commits $343mn to new gas drilling to support supply
Political crisis in France: energy roadmap threatened by new delay
Aspen Power acquires two community solar projects in New Jersey
Aspen Power has finalised the acquisition of two community solar projects totalling over 1 MWdc in New Jersey, developed by Ecogy Energy, with construction expected to begin shortly.
Tenergie begins construction of 5.14 MWp solar plant in Cabrières d’Avignon
French developer Tenergie has started work on a ground-mounted solar plant at a former quarry, with expected annual output of 7.6 GWh from 2026.
Octopus Energy injects 600 MW into solar and storage in Spain
Octopus Energy strengthens its presence in Spain with three new energy projects totalling 600 MW, powering 2.3 million households and accelerating the expansion of its European renewables portfolio.
VSB Italy launches 6.2 MW solar project on agricultural land in Umbria
VSB Italy has obtained authorisation to build a 6.2 MW agrivoltaic plant in Città della Pieve, combining solar power generation and agricultural cultivation on 10.6 hectares.
Ameren Missouri invests in 250 MW solar plant near Callaway nuclear site
Ameren Missouri announces a 250 MW solar project to power 44,000 homes, reducing delays and costs through strategic development on company-owned land.
France: Verso Energy commissions a 580 kWc agrivoltaic plant in Outarville
Verso Energy has inaugurated an experimental solar power plant in Outarville, testing the integration of photovoltaic panels across three hectares of large-scale crops with a 90% self-consumption rate.
R.Power sells 440MW solar portfolio in Poland amid uncertainties
Independent power producer R.Power is selling a 440MW ready-to-build photovoltaic portfolio in Poland, as political uncertainties drive a wave of divestments in the national renewable energy market.
Grenergy sells 10% of Chilean megaproject to CVC DIF for $475mn
Grenergy has finalised the sale of the fourth phase of its hybrid solar-storage project in Chile to CVC DIF, valued at up to $475mn, while retaining operation and maintenance for five years.
Q ENERGY closes financing for seven hybrid solar plants in Spain
Q ENERGY secures financing for 252 MW of solar projects in Spain, marking its first independent power producer operation on the Iberian Peninsula.
Scatec signs 15-year power purchase agreement for a solar plant in Colombia
Norwegian group Scatec has signed a power sales agreement with BTG Pactual for its first solar project in Colombia, representing an estimated $110mn investment.
Global solar capacity jumps to 380 GW in first half of 2025
New solar installations rose 64% year-on-year, driven by China, which accounted for more than two-thirds of global deployed capacity.
Virya Energy launches 7,001 m² solar plant in Toulouse with Tisséo
Virya Energy invests EUR2mn in a photovoltaic plant at the Oncopole park-and-ride in Toulouse, marking a 30-year partnership with Tisséo to strengthen the city’s energy self-consumption.
ACWA Power commits to study 2,500 MW of energy projects in Syria
ACWA Power has signed an agreement with the Syrian Ministry of Energy to assess up to 2,500 MW of solar, wind and storage projects, along with a technical audit of the national grid and existing infrastructure.
GreenYellow deploys 22 MWp of solar on Altarea’s logistics sites
GreenYellow is installing several photovoltaic plants and an energy storage system on Altarea's logistics platforms in Bollène and Puceul, through a 30-year PPA contract fully financed by the company.
Ascent Solar and Star Catcher combine technologies for space-based solar energy
Ascent Solar Technologies has signed an agreement with Star Catcher Industries to enhance in-orbit power generation by combining lightweight photovoltaic technology with wireless energy transmission.
NextWave equips 529 MW of Cenergy solar projects with its PVPulse platform
NextWave Energy Monitoring integrated 529 megawatts of Cenergy solar projects into its PVPulse platform, including the largest 300 MW photovoltaic plant equipped with its monitoring system.
African solar panel imports surge 60% in one year
Solar panel imports into Africa reached 15,032 MW in one year, setting a record and marking an expansion beyond South Africa, according to the energy research organisation Ember.
Ferrovial invests $355mn in 250 MW solar plant in Texas
Ferrovial will launch a 250 MW solar plant in Texas for $355mn, expanding its US energy portfolio and creating around 300 jobs during the construction phase.
Philippines connect their first 4.99 MW floating solar power plant
The 4.99 MW floating solar power plant in Cebu supplies the Carmen Copper mining site, covering about 10% of its energy needs, with connection to the national grid now effective.
Axian and Sika invest €45 million in four solar power plants in Benin
Four photovoltaic plants totaling 50 MW will be built in Benin by Axian Energy and Sika Capital to strengthen the share of renewables in the country’s energy mix.

Log in to read this article

You'll also have access to a selection of our best content.