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PPC Authorizes Wind Farm Expansion

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Public Power Corporation authorized a 180 million euro wind farm investment in Northern Greece and for a smaller site on Crete, according to reports.

The nation's largest electricity firm stated that the move allows for Greece's energy regulator to begin analyzing power-generation licenses for 150 megawatts of volume in Rodopi, as reported by Kathimerini.

The corporation is planning to invest 40% by itself and is looking for investments for the remaining portion. Bloomberg News Energy Finance has claimed that the investment will nearly double the company's 81 megawatt wind capacity, while 1,700 megawatt wind farms were conducted in Greece at the end of 2013.

Additionally, PPC certified a wind farm that will be established on Crete that holds 7.5 megawatts, as well as a probable 3.3 megawatt enlargement, that amounts to approximately 13 million euros.