Juwi Hellas

JinkoSolar delivers over 500,000 modules for Kozani project, one of Europe’s biggest

Posted on by admin

JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has announced that it has delivered its bifacial modules to a 204-MW Solar Power Plant in Kozani, northern Greece.

The Kozani project consists of 18 project sites adding up to a total capacity of 204 MW. JinkoSolar has delivered more than 500,000 bifacial modules to juwi Hellas Renewable Energy Sources S.A.

The Kozani project, inaugurated yesterday, will deliver up to 320 million kilowatt-hours per annum when fully ramped up, supplying electricity to more than 75,000 households. The Kozani project is one of the largest bifacial projects ever built in Europe.

Mr. Frank Niendorf, General Manager of JinkoSolar Europe, commented: “We are delighted that juwi Hellas, one of the leading renewable energy specialists globally, has once again placed their trust in the superior quality and reliable performance of our solar modules for this impressive mega project in Greece. The Kozani project has become Europe’s benchmark for renewable energy. It is also one of the largest bifacial projects ever built in Europe, and JinkoSolar is very proud to be a part of such an important milestone for our industry.”

Mr. Dimitris Varlamis, JinkoSolar Head of Sales for South Eastern Europe, commented: “We are very proud to contribute to this emblematic project which is by far the biggest solar energy project in Greece and one of the largest project in Europe featuring our high-performance bifacial modules. We would like to thank juwi Hellas, and HELPE for their trust in JinkoSolar and we look forward to a long-term strategic partnership with the juwi team.”

 

JinkoSolar to supply 204 MW of modules to juwi Hellas for major Kozani unit

Posted on by admin

JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has signed a module supply agreement for a project in Kozani, northern Greece, to be developed by juwi Hellas Renewable Energy Sources S.A., JinkoSolar has announced in a statement.

Construction of the solar park is scheduled to commence in November 2020, and will use 204 MW of Swan bifacial modules with transparent backsheet from DuPont, according to the statement.

Frank Niendorf, General Manager of JinkoSolar Europe, commented: “We are delighted that juwi Hellas, one of the most professional and experienced EPC companies, globally, has once again placed its trust in the superior quality and reliable performance of our solar modules for this impressive new project in Greece. The Kozani project will become Europe’s benchmark for renewable energy in terms of competitively priced and subsidy-free solar power. It is also one of the largest utility scale projects ever built in Europe to use bifacial modules and JinkoSolar is very proud to be a part of such a milestone.”

Dimitris Varlamis, JinkoSolar Head of Sales for South Eastern Europe, noted: “We are proud to contribute to this emblematic project which is by far the biggest solar project in Greece and one of the five largest projects in Europe featuring our high performance bifacial modules.”

Takis Sarris, Managing Director of juwi Hellas, commented: “juwi is launching a new era for PV in Greece, that of utility scale projects that subsidize instead of being subsidized, and bringing clean energy to the Greek consumer at very low prices. We are very proud that we have managed to fully develop such an important project for the country”.

Energy sector transactions forecast to grow in 2020

Posted on by admin

Energy sector acquisitions and mergers are expected to represent an increased share of overall transactions this year, according to officials at professional services multinational PwC.

The combined effect of a European turn towards investments for green energy growth and Greece’s decarbonization plan is focusing Greek investment interest on the renewable energy sector, PwC officials pointed out during a presentation of an annual report.

Hellenic Petroleum ELPE’s recent decision to purchase an unfinished 204-MW solar energy park from Germany’s Juwi for 130 million euros, as well as petroleum group Motor Oil’s move to acquire a 47-MW RES project from Mytilineos for 45.8 million euros were highlighted as signs of things to come.

PwC officials also confirmed the interest of major foreign funds for RES investment opportunities in Greece, as was disclosed by energypress earlier this week.

Gas utility DEPA’s privatization of DEPA Infrastructure, a new company entity, will be completed this year, while nine prospective bidders, in the procedure’s preliminary stage, have already emerged to express official interest, PwC officials pointed out.

In 2019, Greece’s energy sector represented 5.8 percent of the country’s total number of takeovers and mergers, transactions worth a total of 4.3 billion euros.

 

ELPE growing internationally, expanding for bigger RES role

Posted on by admin

Hellenic Petroleum ELPE is increasingly internationalizing with project interests covering a broadened range beyond petroleum, including renewable energy and natural gas, the group’s chief executive Andreas Siamisiis, presenting the group’s future course, has underlined.

ELPE has set a short-term RES installations target of 300 MW by the end of next year, followed by a mid-term goal of 600 MW by 2025.

Renewable energy is expected to be responsible for five to 10 percent of the group’s EBITDA figure in the next five years, ELPE officials have projected.

RES involvement in the petroleum group’s annual EBITDA performances, which, in recent times, have ranged between 600 to 800 million euros, is limited to two million euros.

This EBITDA contribution is soon expected to rise sharply, to a level of 20 million euros, as a result of ELPE’s takeover of an unfinished 204-MW solar energy project, Greece’s biggest, started by Germany’s Juwi close to Kozani in Greece’s north. “This is the first such project. More will follow,” Siamisiis said.

The Kozani solar energy project, Greece’s biggest by far, twenty times the size of the largest of existing units, ranks among Europe’s four biggest solar energy parks.

This investment, totaling 130 million euros, is expected to generate 300 GWh annually. Remaining development and installation work is seen requiring 16 months to complete. The project’s launch is scheduled for the fourth quarter of 2021.

 

ELPE to acquire Juwi 204-MW solar park, Greece’s biggest

Posted on by admin

Hellenic Petroleum group subsidiary ELPE Renewables has agreed to buy an unfinished 204-MW solar energy project, Greece’s biggest, undertaken by Germany’s Juwi close to Kozani in Greece’s north, energy minister Costis Hatzidakis has announced, noting the two sides will sign an agreement on February 17.

Juwi has already agreed to a 5.73 cents per KWh tariff rate for this project. The German company took part in a mixed (solar and wind) RES auction held by RAE, the Regulatory Authority for Energy, last April.

ELPE Renewables should be able to recommence the project’s development once the acquisition has been finalized. The solar energy park, located 15 km from Kozani, could be completed by the second half of 2021, it is estimated.

The total investment is expected to reach 150 million euros. The facility’s remaining construction work will create over 250 jobs, while locals and municipalities will be compensated 500,000 million euros annually through surcharges to be imposed over a 30-year period, the project’s expected lifespan.

The acquisition constitutes a decisive move for ELPE as it promises to cover more than two thirds of the group’s 300-MW short-term goal for installed capacity.

Established in 1996, Juwi is a member of the MVV Energie AG group, one of Germany’s leading energy corporations. Juwi has designed and developed 1,700 solar energy facilities with a total capacity of approximately 2,500 MW and 1,000 wind energy farms totaling roughly 2,300 MW. Its projects generate approximately 8 billion KWh of clean energy annually.

 

 

RES applications continue at steady rate, 2.5 GW in June

Posted on by admin

Production license applications concerning new RES projects have continued at a steady rate, while the balance between various technologies has remained unchanged, industry figures for June have shown.

Solar energy production license applications, numbering 126 of the overall 215 submitted in June, continued to hold the lion’s share and represented 2.1 GW of the 2.5 GW total.

As for wind energy, license applications for 76 projects with a total capacity of 384.71 MW were submitted in June. A total of 12 small-scale hydropower applications were made for a capacity of 10.03 MW. One cogeneration, or combined heat and power (CHP), application representing a capacity of 2 MW was made.

A total of 14 companies submitted multiple applications representing 119 projects with a capacity of 1,757.5 MW, of which 196.9 concern wind energy stations.

The 14 multiple applicants were: Juwi Hellas, New Solar Developments, Hellenic Petroleum Renewable Energy Sources, Egnatia Group, European Solar Farms Greece, Thessaloniki Energy Solar, Serres Power, Verde, Terna Energy, Siemens Gamesa, ABO Wind Hellas, Rensol Energy PV, Karatzis and Peloponnisiakos Anemos.

Applications submitted to RAE, the Regulatory Authority for Energy, between December, 2018 and June represent a total capacity of 8 GW. They number over 1,000, placing pressure on the processing demands at RAE, authority official Dionysis Papahristou noted.

Eight mixed auction applications submitted, 456 MW offered

Posted on by admin

Prospective participants of Greece’s first mixed RES auction, scheduled for April 15 and designed to place wind and solar energy investors in the same bidding arena with equal terms for intensified competition, submitted eight applications representing a total capacity of 637.78 MW on the recent March 21 deadline.

This means that a total capacity of 456 MW will be offered to bidders instead of the entire 600-MW amount announced by RAE, the Regulatory Authority for Energy, as a result of a regulation designed to intensify competition.

The total amount requested through the applications would have needed to exceed the 600-MW total by 40 percent if the full amount were to be offered at the upcoming auction.

Confirming previous energypress reports, the overwhelming majority of applications concern solar energy projects.

Authorities are now processing applications to determine the eligibility of interested parties interested in taking part in April’s mixed RES auction.

Solar or wind energy projects over 20 MW, PV projects that have qualified for fast-track procedures, as well as mixed wind-and-solar projects to be jointly connected to the grid are all eligible for participation at the forthcoming mixed auction.

A 200-MW solar energy park project planned by PPC Renewables in Kozani, northern Greece, another 200-MW solar energy project planned by JUWI Hellas, as well as two projects totalling 104 MW and planned by Spes Solaris, a member of the Panagakos group, are among the major projects expected to take part in the mixed RES auction. The two Spes Solaris projects are fast-track procedure qualifiers.

Upcoming mixed RES auction applications submitted today

Posted on by admin

Procedures leading to the country’s first mixed RES auction, to place the sector’s main players, wind and solar energy investors, in the same bidding arena with equal terms for intensified competition, begin today with the submission of online applications.

These will be followed by the submission of dossiers containing all required documents ahead of the auction, expected on April 15, according to an announcement made by RAE, the Regulatory Authority for Energy.

A total of 600 MW will be offered to auction participants. Amounts requested in applications will need to exceed this 600-MW total by 40 percent if the entire amount is to be offered at the upcoming auction.

Terna Energy, Mytilineos, PPC, the Panagakos group, as well as major foreign players such as Total Eren, Juwi, EDF and ENEL are among the firms likely to participate.

Mixed RES auctions have become standard practice in other European markets, the objective being to secure optimal solutions for coverage of energy needs at the lowest possible cost.

 

JinkoSolar supplies 5 MW for Mesokomo project in Greece’s north

Posted on by admin

World-renowned solar module manufacturer JinkoSolar has supplied 5 MW of PV solar modules to Juwi Hellas for use in the Mesokomo project in northern Greece, the company has announced in a statement.

The project was successfully connected to the grid in December 2018 and is owned by Etva Vipe.

Frank Niendorf, General Manager JinkoSolar Europe, commented: “Juwi is an important European EPC client and we are very happy to expand our partnership with them in Greece. Greece is showing great growth potential and the Mesokomo project demonstrates JinkoSolar’s strong reputation in the market and how increased collaboration between JinkoSolar and Juwi can create new opportunities for both parties.”

JinkoSolar has over 12,000 employees across its 6 productions facilities globally. The company distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in more than 80 countries worldwide.

JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 9.2 GW for silicon ingots and wafers, 6.5 GW for solar cells, and 10 GW for solar modules, as of September 30, 2018.

JinkoSolar has over 12,000 employees across its 6 productions facilities globally, 16 oversea subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia, South Africa and United Arab Emirates, and global sales teams in United Kingdom, Bulgaria, Greece, Romania, Jordan, Saudi Arabia, South Africa, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Panama and Argentina.