Iloako Velos Eordaia Solar PV Park is a 200MW 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 | 200 | – | 200 | Permitting | West Macedonia, Greece | Iliako Velos Ena; Public Power |
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Description
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The project is being developed by Iliako Velos Ena and Public Power. These companies also have ownership stakes in the project.
Iloako Velos Eordaia Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $317.696m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.
About Public Power
Public Power Corporation SA (PPC) is a vertically integrated electric utility. It generates, transmits and distributes electricity to the customers. The company produces energy using the lignite, hydro, natural gas, oil, wind and solar sources. PPC owns power generation projects and energy transmission assets across the country and holds interests in lignite mines in Lignite Centers of West Macedonia and Megalopolis. It is owned by Greek State, Hellenic Republic Asset Development fund, EFKA and Tayteko/Teapap-PPC fund, and other investors. PPC serves residential, agricultural, commercial, industrial customers, public lighting, traction and public authorities in Greece and regions abroad. The company has sales offices across the country. PPC is headquartered in Athens, 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.
