Axpo-EDF Renewables sign short-term power purchase agreement in Greece

Axpo and EDF Renewables Hellas person signed a short-term Power Purchase Agreement (PPA) for the merchantability of energy from two EDF photovoltaic parks successful the Boeotia region.

The two projects, Skala Korinis and Loutsa, were built successful 2023 and person a total installed capableness of 102 megawatts (MW). Under the agreement, Axpo will acquisition each of the vigor produced by the two parks.

Vasilis Machias, CEO of Axpo Greece, stated: “This statement strengthens Axpo’s quality to connection innovative and tailored renewable vigor solutions successful Central and Southeastern Europe. Leveraging our acquisition arsenic a planetary person successful renewables, wholesale and hazard management, we further optimize our portfolio successful the region, while contributing to the transition to cleanable energy.”

On his part, Antonis Xenios, CEO of EDF Renewables Hellas, said: “We are peculiarly excited astir our collaboration with Axpo and the prospects it creates. This concern reinforces EDF Renewables’ committedness to exploiting the imaginable offered by renewable vigor sources and accelerating the vigor transition, contributing to the decarbonization of the Greek economy.”

As highlighted successful the applicable announcement of the two companies, EDF Renewables Hellas is simply a cardinal subordinate successful the Greek Renewable Energy market, processing a diversified portfolio of RES projects done its subsidiaries, with an estimated capableness of 4.5 gigawatts (GW). The institution relies connected EDF Renewables’ planetary acquisition successful the vigor transition assemblage and successful each RES energy procreation technologies.

The Axpo Group, headquartered successful Switzerland, is simply a starring planetary vigor company, managing a renewable vigor portfolio of 93 Terawatt hours (TWh). As a person successful hazard absorption and innovative solutions successful the Renewable Energy sector, Axpo successful Greece helps to optimize the full energy value chain, combining section marketplace cognition with the group’s experience, resources and infrastructure astatine a pan-European level.