Greek Tobacco giant Papastratos, one of Greece’s oldest and largest tobacco companies, reported a strong…
Tag: renewable energy
The European Union set a series of new records in renewable electricity production in 2025,…
Prime Minister Kyriakos Mitsotakis presented a wide-ranging package of legislative initiatives during a Cabinet meeting…
MORE, one of Greece’s leading renewable energy companies, completed three independent large-scale energy storage systems,…
Greece and Saudi Arabia have taken a significant step toward strengthening their strategic energy partnership,…
The Thessaloniki–Skopje oil pipeline has officially resumed operations after remaining inactive for 13 years, marking…
The European Investment Bank (EIB) has approved €490 million in financing for the IPTO North East Aegean Interconnection project, which will connect the islands of Lemnos, Lesvos, Chios, Samos, and Skyros to Greece’s mainland grid, ending their electrical isolation and replacing diesel power with cleaner, more reliable electricity.
Greece’s energy market is set to reach a series of critical milestones in 2026, developments…
The Municipality of Athens has awarded 22 years of free electricity to a single-parent family…
The administration of Republican President Donald Trump has announced the immediate suspension of all major…
Athens International Airport “Eleftherios Venizelos” has become the first in Europe to achieve full energy self-sufficiency and net-zero carbon emissions for its operations in 2025, powered by on-site solar parks totaling 51.5 MWp and battery storage—25 years ahead of the aviation industry’s 2050 target. Through the ambitious “ROUTE 2025” initiative, the airport has halved CO₂ emissions since 2005 despite doubling passenger traffic, via electrification, building upgrades, and renewable self-production without offsets.
Egypt and Greece have signed a tripartite agreement to export up to 3,000 MW of electricity to Europe, positioning Egypt as a key energy bridge between Africa, Europe, and Asia through renewable-powered interconnection.
Kimberly Guilfoyle, the newly appointed United States Ambassador to Greece will be presenting her credentials…
Electricity prices in Greece have surged by 52% in just three months, reaching €112.25 per MWh in October amid calm weather conditions and higher natural gas use. As costs rise, more households are turning to fixed “blue” tariffs for price stability, while a new “red” tariff category is set to launch in November.
IPTO CEO Manos Manousakis reaffirmed Greece’s commitment to the Greece–Cyprus–Israel electricity interconnection, highlighting progress on regulatory approvals, Cyprus’s equity participation, and EU support for the landmark project.
Excerpt: Discover Tilos, Greece’s eco-friendly island leading the way in sustainable tourism. With innovative renewable energy systems and the world’s first certified zero-waste program, Tilos offers authentic, low-impact travel experiences amidst stunning natural beauty.
Greece has launched the Hellenic Innovation and Infrastructure Fund (HIIF) to attract global investment and drive economic growth. With €303 million in initial capital, HIIF will support projects in digital infrastructure, renewable energy, biotechnology, and sustainable shipping, aiming to unlock over €1 billion in investments through public-private partnerships.
Greece’s top court has ruled to limit wind farm development, citing incomplete adoption of a 2009 EU bird protection directive. The decision mandates broader protections for all bird species listed in the directive, not just those specific to Special Protection Areas, while allowing renewable energy projects under strict conditions.
The European Public Prosecutor’s Office has launched an investigation into the €1.9 billion Greece–Cyprus undersea electricity interconnector, citing possible criminal offences. The project, led by Greece’s ADMIE, is considered crucial for ending Cyprus’s energy isolation and linking the Eastern Mediterranean to Europe’s grid.
The National and Capodistiran University of Athens and its Physics Department’s Group of Building Environmental…
Greece supports the EU’s 2040 target to reduce greenhouse gas emissions by 90%, but Minister Stavros Papastavrou calls for practical implementation that balances economic impacts and ensures fairness for communities and industries.
The Greek Parliament has overwhelmingly passed an energy bill incorporating significant improvements proposed by the…
Greece has successfully completed the first major power transfer from Crete to Attica, with 320 MW transmitted via the new Ariadne Interconnection. The high-voltage direct current (HVDC) submarine cable confirms its bidirectional capabilities, marking a key milestone in enhancing the country’s energy security and supporting the transition to renewable power.
Greek Prime Minister Kyriakos Mitsotakis advocates for Greece to join the global nuclear energy conversation, highlighting its potential to decarbonize the energy sector and the shipping industry. Speaking at the Energy Transition Summit in Athens, he emphasized the role of small modular reactors and the need for Europe to lead in nuclear innovation.
In 2024, Greek businesses saw a 61% surge in loan disbursements, reaching €20.6 billion, with large enterprises securing €8.5 billion at lower interest rates. According to AnaCredit data, new loan agreements totaled €28 billion, with credit lines dominating at 62%. The industrial and renewable energy sectors led borrowing, while average loan rates dropped to 5.0% from 5.5% in 2023, signaling robust economic recovery.
Greece faces severe economic consequences from climate change, including the potential loss of 327,000 full-time…
Greece may explore nuclear energy in the future as part of its shift toward carbon…
Minister Christos Dimas announced Greece’s commitment to hydrogen-powered transport at the “Hydrogen Innovation for Regional Growth” conference in Aghii Theodori, emphasizing the TRIĒRĒS project’s role in scaling hydrogen ecosystems for maritime, industrial, and road transport. With funding secured for hydrogen buses and a refueling station, Greece aims to leverage its abundant renewable energy resources to drive sustainable mobility.
On World Environment Day, Greece’s Deputy Prime Minister Kostis Hatzidakis unveiled ten major initiatives aimed at tackling the climate crisis, including a lignite phase-out by 2026, expanded renewable energy use, island interconnections, and strict protections for untouched natural landscapes—positioning Greece as a frontrunner in environmental action.
In a groundbreaking virtual summit hosted by the Hellenic Australian Chamber of Commerce and Industry (HACCI), diplomats, business leaders, and industry experts explored the growing trade and investment opportunities between Greece and Australia. With over 53 participants, the event highlighted key sectors such as renewable energy, tourism, and maritime trade, while addressing challenges and incentives for bilateral growth.
