Hellenic Petroleum Volos Solar PV Park 1 is a 50.497MW solar PV power project. It is planned in Thessaly, Greece. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2023 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 50.497 50.497 Announced Thessaly, Greece Hellenic Petroleum Renewable Energy Sources

Description

The project is being developed and currently owned by Hellenic Petroleum Renewable Energy Sources.

Hellenic Petroleum Volos Solar PV Park 1 is a ground-mounted solar project.

The project cost is expected to be around $80.213m.

Development Status

The project construction is expected to commence from 2023. 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.

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.