Renewable Energy Sources
Our long-term strategy is to reduce the carbon footprint across all our activities and achieve climate neutrality, positioning us as leaders in the energy transition in the Eastern Mediterranean.
A primary role in our new energy model is the development of a significant portfolio in RES and energy storage. Additionally, our key objective is to develop activities with an installed capacity of over 1 GW by 2025 and over 2 GW by 2030.
in Greece, Cyprus and Romania
due to investments in RES over the last decade
in Greece
A landmark project for energy transformation
The photovoltaic park of HELLENiQ ENERGY in Kozani, boasting a total capacity of 204 MW, is the largest RES project in Greece and one of the largest in Europe to date. The park is estimated to generate 350 GWh of energy annually, capable of supplying zero-emission clean energy to 75,000 households. This results in an annual carbon benefit of over 90,000 tons. The total investment exceeds 130 million euros, significantly benefiting the local economy of Western Macedonia.
Development of a significant portfolio in RES and storage
We aim to achieve an installed capacity of 1 GW by 2026 and over 2 GW by 2030.
Our Projects
- 1 PV park with a capacity of 204 MW in Kozani.
- 8 PV plants located on company properties, including refineries, with a total nominal power of 21 MW.
- Complexes of PV stations with a total capacity of 16 MW in Viotia.
- Photovoltaic parks with a total capacity of 40 MW in Cyprus.
- Entry into the Romanian RES market with a total portfolio of RES projects of 211 MW.
- 3 wind farms with a total capacity of 99 MW, located in Mani, Evia and Messinia.
- 50-50 partnership with RWE Renewables GmbH for developing, operating, and managing offshore wind farms in Greece.
- 3 plants were selected in the first tender for the granting of Investment and Operating Aid to Energy Storage Stations, carried out by the Regulatory Authority for Energy, Waste and Water (RAAEY). These plants have a total power of 100 MW and a guaranteed capacity of 200 MWh.
- Development of Energy Storage Stations with a total nominal power of more than 800 MW across the Greek territory.
HELLENiQ Renewables
We are significantly expanding our installed capacity of renewable energy sources and diversifying our energy portfolio.
