RWE and PPC to build 567MW solar projects in Central Macedonia
Pamela Largue
Posted on: 8 April 2025
The Kotyli and Neo Syrakio solar farms will have a total capacity of 567MWp and will produce enough power to meet the needs of approximately 140|000 households.
Energy groups RWE and PPC have taken the final investment decision for the construction of two large-scale solar PV projects in Central Macedonia, Northern Greece.
The projects are being developed through their joint venture company Meton Energy S.A. and will require an investment of €418 million ($457 million).
The Kotyli and Neo Syrakio solar farms will have a total capacity of 567MWp and will produce enough power to meet the needs of approximately 140,000 households.
PPC and RWE Supply & Trading have signed a 10-year bilateral Power Purchase Agreements (PPA) for the electricity produced by the new solar farms.
Construction will begin this year with commissioning planned for 2027.
Konstantinos Mavros, CEO of PPC Renewables: “In Central Macedonia we are creating a new and sustainable future. Our cooperation with RWE has proven to be an excellent demonstration of what we can do when we work together. Both our current projects in the old lignite mines in Amyntaio and the new investment in Central Macedonia, mean more new jobs both in construction and operation phases, and a promise for sustainable growth and a brighter future for Greece.”
Costas Papamantellos, CEO of RWE Renewables Hellas and CEO of Meton Energy S.A.: “By taking this FID we have laid the ground for our next two large-scale photovoltaic projects in Greece, which will contribute to reach the country’s climate goals.”
PPC Renewables and RWE formed Meton Energy S.A. in 2021 and are planning to instal up to 2,000MW of new solar capacity in Greece through the joint venture.
Have you read?
Solar breaks record in European power generation
Rooftop solar boom continues in Australia with 3GW installed in 2024
RWE Renewables Europe & Australia (51%) and PPC Renewables (49%) have together energised 5 solar farms (210MWp in total) and finished construction of a 6th project (315MWp completed in total) with energisation expected in due course.
A further three solar farms (625MWp) are planned to be operational by the end of 2025.
These nine solar projects have a total capacity of 940MWp (870 MWac) and are located in Western Macedonia in Northern Greece, within the boundaries of the former Amynteo opencast lignite mine.
Papamantellos added: "We are delivering our solar projects at an impressive pace. The first cluster of the Amynteo portfolio is already energised, construction works for Amynteo Clusters II and III are at an advanced stage and we are looking forward to connecting all projects to the grid this year."
