HELLENIC PETROLEUM Group Inaugurates the Largest Solar Power Plant in Europe

On 6th April, HELLENIC PETROLEUM Group inaugurated a new solar power plant in Kozani, Western Macedonia, in the presence of the Greek Prime Minister Mr. Kyriakos Mitsotakis. The power plant is a landmark project in Greece's energy transformation, but also a confirmation of the Group’s rapid transition into new, “cleaner” energy forms.

It is presently the largest in operation RES project in Greece and in the wider Southeast Mediterranean, as well as one of the largest photovoltaic parks in Europe, with a total installed capacity amounting to 204.3 MW. It is estimated that it will generate 350 GWh of energy per year, meeting the needs of 75,000 households through zero-emissions energy. The total investment has reached €130 million, with significant returns for the national economy as well as Western Macedonia, as over 350 job opportunities have been created during construction, while tens of direct and indirect jobs will be sustained during operation, most of which will be covered by local inhabitants.

The construction of the plant, which is the largest one in Europe with bifacial photovoltaic modules and has a state-of-the-art Automated Monitoring and Energy Management Systems, was completed within schedule, despite the difficulties caused by the pandemic. JUWI has been assigned the project contractor, while HELPE Group subsidiary, ΑSPROFOS, undertook the project supervision, developing expertise in the new sector, fully in line with the Group’s strategy.

During his speech, Mr. Andreas Shiamishis, Group CEO, welcoming the Prime Minister and other official guests, noted:

“We aim at becoming a more integrated Group producing and trading all modern forms of energy, taking on a leading role and contributing to the region’s growth path. We are accelerating energy transformation, supporting the transition to advanced, zero-emissions energy sources, while modernizing at the same time our successful core business activity. (…) In line with our strategic plan “Vision 2025”, at the HELLENIC PETROLEUM Group, we are implementing a large scale investment program, aiming at a reduction by 50% of our carbon footprint by 2030, significantly contributing to addressing climate crisis”.

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