Meton Energy S.A., a joint venture between RWE Renewables Europe & Australia and PPC Renewables, has greenlit the construction of the Orycheio Dei Amynteo solar farm, the final project in the 940 MW Amynteo portfolio in Greece. This 450 MW solar farm, situated in Western Macedonia, secured €127.7 million from the EU’s NextGenerationEU funds for its €255.4 million investment. The Amynteo Clusters I & II, totaling 490 MW, are already under construction and expected to connect to the grid this year. The venture, backed by Power Purchase Agreements with PPC and RWE Supply & Trading, showcases the partners’ dedication to Greece’s renewable energy transition.
RWE and PPC joint venture advances Amynteo solar farm
RWE and PPC’s joint venture, Meton Energy, advances Greece’s solar landscape with the Amynteo Cluster III, a 450 MW solar farm. (Image Credit: RWE).
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)