popular articles

PPC Group-MYTILINEOS agreement for 2000 MW of solar projects in Europe

PPC Group and MYTILINEOS sign an agreement to develop up to 2,000 MW of solar projects in Italy, Bulgaria, Croatia and Romania, valued at 2 billion euros.
Accord PPC MYTILINEOS solaire

Please share:

The framework agreement between PPC Group and MYTILINEOS, involving the development and construction of 90 solar projects, marks a significant expansion by both companies in the renewable energies sector in Southern and Southeastern Europe. These projects, once connected to the national power grids, will be acquired by PPC Group.

Solar project development

The projects, spread across Italy, Romania, Bulgaria and Croatia, include solar installations totalling 503 MW in Italy, 516 MW in Romania, 500 MW in Bulgaria, and 445 MW in Croatia. MYTILINEOS will be responsible for the development and construction of these facilities.

Energy and environmental impact

These projects are expected to power around 320,000 homes and reduce CO2 emissions by 3.4 million tonnes. This represents a major step forward in the region’s energy transition, in line with the European Union’s climate objectives.

Business strategy and expansion

For PPC Group, this agreement is part of a broader strategy of growth in the renewable energies sector in South-East Europe. For MYTILINEOS, this is part of an international expansion, including recent projects in Canada, affirming its global presence in the renewable energies sector.

Commitment and future prospects

The CEOs of both companies express their satisfaction with this agreement, which strengthens their presence in Europe. They look forward to further successes and emphasize the importance of working together to achieve new goals.

The agreement between PPC Group and MYTILINEOS illustrates the growing momentum of Greek entrepreneurship in the global renewable energy sector, underlining the importance of international collaboration to achieve energy security and decarbonization goals.

Register free of charge for uninterrupted access.

Publicite

Recently published in

AMPYR Energy USA has completed the acquisition of two large-scale solar projects in the Carolinas, bringing its U.S. portfolio to over 4 GW.
Axian Energy has launched work on the NEA Kolda solar plant, equipped with a 72 MWh storage system, for a total investment of €105mn ($113.6mn).
Axian Energy has launched work on the NEA Kolda solar plant, equipped with a 72 MWh storage system, for a total investment of €105mn ($113.6mn).
Kaduna Electric has signed an agreement to build a 100 MW solar power plant with battery storage in northern Nigeria to strengthen electricity supply in four states affected by chronic outages.
Kaduna Electric has signed an agreement to build a 100 MW solar power plant with battery storage in northern Nigeria to strengthen electricity supply in four states affected by chronic outages.
EDF will strengthen its off-grid platform in Africa with a $10mn loan from Mirova to expand electricity access to 5 million people by 2030.
EDF will strengthen its off-grid platform in Africa with a $10mn loan from Mirova to expand electricity access to 5 million people by 2030.
AES will supply 650 MW of solar capacity to Meta through two long-term power purchase agreements in the United States, strengthening its position in the Southwest Power Pool market.
Boralex signed renewable energy certificate contracts with New York’s energy authority for two solar projects totalling 450 MW in capacity.
Boralex signed renewable energy certificate contracts with New York’s energy authority for two solar projects totalling 450 MW in capacity.
The Ivorian government has approved a 25-year concession for an 85,934 MWh solar power plant in Katiola under a public-private partnership with Swiss energy firm JC Mont-Fort.
The Ivorian government has approved a 25-year concession for an 85,934 MWh solar power plant in Katiola under a public-private partnership with Swiss energy firm JC Mont-Fort.
German group Greencells strengthens its UK presence through an EPC and O&M agreement with Enray Power for a solar plant incorporating an energy storage system in North Yorkshire.
German group Greencells strengthens its UK presence through an EPC and O&M agreement with Enray Power for a solar plant incorporating an energy storage system in North Yorkshire.
Urban Grid sets up honey production at its Crystal Hill solar site, combining beekeeping and farming to trial new land management models.
Ecopetrol acquires Statkraft’s Colombian subsidiary, including eight projects under development and the 130 MW Portón del Sol solar plant.
Ecopetrol acquires Statkraft’s Colombian subsidiary, including eight projects under development and the 130 MW Portón del Sol solar plant.
French group Qair has begun construction on two hybrid solar plants in N’Djamena totalling 30 MWp with battery storage, under a 20-year BOOT contract with the Chadian government.
French group Qair has begun construction on two hybrid solar plants in N’Djamena totalling 30 MWp with battery storage, under a 20-year BOOT contract with the Chadian government.
The third-party ownership model dominates non-residential solar installations in the US, according to Wood Mackenzie, with 2.1 GWdc installed in 2024, a record driven by the rise of transferable tax credits.
The third-party ownership model dominates non-residential solar installations in the US, according to Wood Mackenzie, with 2.1 GWdc installed in 2024, a record driven by the rise of transferable tax credits.
Enfinity Global secured a €100mn ($108.4mn) bond facility from Eiffel Investment Group to accelerate its energy storage and solar projects across Europe, mainly in Italy and the United Kingdom.
The Kuwait Authority for Public-Private Partnerships has launched a pre-qualification process to build two photovoltaic plants in the Al Jahra region.
The Kuwait Authority for Public-Private Partnerships has launched a pre-qualification process to build two photovoltaic plants in the Al Jahra region.
Iberdrola Italia has inaugurated a new photovoltaic plant in Tarquinia with a capacity of 33 MW, aiming to produce around 50 GWh of solar electricity per year to support industrial electrification.
Iberdrola Italia has inaugurated a new photovoltaic plant in Tarquinia with a capacity of 33 MW, aiming to produce around 50 GWh of solar electricity per year to support industrial electrification.
SOLV Energy announces contracts totalling more than 6 GW of solar and storage projects in the United States, with construction launches expected as early as 2025. The projects will span several states including Arizona and California.
SOLV Energy announces contracts totalling more than 6 GW of solar and storage projects in the United States, with construction launches expected as early as 2025. The projects will span several states including Arizona and California.
China added 59.7 GW of photovoltaic capacity in Q1 2025, surpassing coal power generation capacity for the first time, according to the National Energy Administration (NEA).
Engie cancelled its hybrid solar farm project in Yass after local opposition. The company is now considering installing only a battery system on the site, responding to community concerns.
Engie cancelled its hybrid solar farm project in Yass after local opposition. The company is now considering installing only a battery system on the site, responding to community concerns.
The Chisamba solar power plant, a major private project in Zambia with a $71.5 million investment, has reached 91% completion, aiming to bridge a structural energy deficit through a strategic partnership with a leading mining group.
The Chisamba solar power plant, a major private project in Zambia with a $71.5 million investment, has reached 91% completion, aiming to bridge a structural energy deficit through a strategic partnership with a leading mining group.
Close Brothers funds the construction of an 8.99MWp solar plant in Rhigos, marking a new phase in a £200mn partnership with Enviromena.
Close Brothers funds the construction of an 8.99MWp solar plant in Rhigos, marking a new phase in a £200mn partnership with Enviromena.
ReNew Energy Global commits Rs22,000 crore ($2.57bn) to develop a 2.8 GW solar-wind hybrid power plant in Andhra Pradesh.
CVE North America begins construction of a solar and energy storage system on a former landfill site in Riverhead, marking a new strategic investment in the United States.
CVE North America begins construction of a solar and energy storage system on a former landfill site in Riverhead, marking a new strategic investment in the United States.
The tech giant strengthens its partnership with energyRe through a second agreement covering more than 600 MW of solar projects, bringing the total commitment to over 1 GWac of renewable capacity.
The tech giant strengthens its partnership with energyRe through a second agreement covering more than 600 MW of solar projects, bringing the total commitment to over 1 GWac of renewable capacity.
Doral Renewables has finalised a $1.5bn structured financing for three photovoltaic plants in Indiana, marking a major step in the construction of the Mammoth Solar complex.
Doral Renewables has finalised a $1.5bn structured financing for three photovoltaic plants in Indiana, marking a major step in the construction of the Mammoth Solar complex.

Advertising