Cero Generation signs up Ameresco and Sunel Group for Delfini Solar PV project in Greece

Aug. 18, 2022
The 100 MW project is among the first solar projects in the country to leverage a private power purchase agreement

European solar energy developer Cero Generation has contracted Ameresco subsidiary Ameresco Energy Hellas and EPC contractor Sunel Group for building the 100 MWp ‘Delfini’ solar photovoltaic project in Greece.

The two firms have already established a joint company ‘Ameresco SUNEL Energy S.A.’ in Greece. They will undertake the EPC project through this joint company.

The 100-MW solar PV park in Prosotsani, Drama is one of the first solar projects of the country that will use a private power purchase agreement and not leverage government subsidies on electricity costs.

“We’re thrilled to have been selected as a partner on this innovative and important project,” Ameresco SVP Britta MacIntosh said. “As one of the first private power purchase agreement for a solar project in Greece, this move sets the stage for future contracts that will stand to benefit the country both economically and environmentally. It’s an honor to play such an active role in developing a greener and cleaner future for Greece.”

This year, solar power rose to the top form of renewable energy for the island nation. Wind farms have dominated, but installed solar capacity accounted three times as much as wind in a May report.

Investment forecasters anticipate as much as 44 billion Euros allocated toward Greek renewable energy projects by 2030. The nation plans to have closed all of its coal or lignite-fired power plants five years after that.

The overall installed renewable energy capacity in Greece totals about 10 GW as of this year, according reports.

Massachusetts-based Ameresco is contractor on numerous renewable energy and on-site power projects, including for military bases, universities and commercial customers.