ContourGlobal enters Greece with solar and storage deals
Kelvin Ross
Posted on: 22 January 2026
Portfolio of solar plants plus six battery energy storage projects will give American company a footprint across the country.
Independent power producer ContourGlobal has entered the Greek renewable energy market by acquiring a solar PV portfolio plus six battery storage systems.
It marks the latest step in the company’s pivot to clean energy and expansion across Europe: this month it commissioned a storage system in Bulgaria and in December secured a trio of solar plants in Sicily.
“While continuing our simplification and rationalization effort, entering the Greek market is a further step in ContourGlobal’s ambition to become a leading independent power producer in renewables and energy storage,” said chief executive Antonio Cammisecra.
“Greece combines rapidly growing renewable penetration with a booming need for large-scale storage solutions. We see Greece as a key market to scale our battery storage portfolio in Europe and support the country’s energy transition.”
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The solar portfolio bought by ContourGlobal comprises 26 operating PV plants across the country, commissioned between 2011 and 2022 and previously owned by Quest Energy, part of Quest Holdings. The assets are fully contracted under feed-in tariff and feed-in premium schemes.
The six battery storage projects were acquired through two different transactions with developers Fotowatio Renewable Ventures from Spain and Greek developer Zephiros. They total 500 MW of battery storage capacity across different regions.
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All the yet-to-built projects have secured environmental approvals, key permits and have applied for grid connection. They are eligible under Greece’s Priority Regime for BESS Projects, launched in March 2025 to fast-track up to 4.7 GW of standalone battery storage.
Historically dominated by lignite and gas, Greece is embracing renewable development, with solar and wind capacity projected to reach around 60 GW by 2060.
By the end of this decade it is estimated that nearly 70% of installed capacity and electricity generation are expected to come from renewable sources, increasing the need for flexible, grid-scale storage.
More on the Greek energy transition:
Crete Valley brings power to the people on Greek island
Greece’s HEDNO taps Itron for grid edge intelligence
