In Larissa prefecture, Greece, MYTILINEOS and KARATZIS sign a 210MW green PPA Group to secure 210MW solar energy from 35 projects. The agreement covers 80% of a 262MW portfolio and aims to reduce energy costs for both companies. It will also enhance their green energy footprint and will start operations in 3rd quarter.

Overview

  • Location: Larissa prefecture, Thessaly, Greece
  • Entity: Mytilineos SA
  • Activity: Signed an electricity procurement contract
  • Scope: 210 MW from solar parks
  • Partnership: Agreement with the Karatzis Group
  • Coverage: 80% of a 262 MW asset portfolio
  • Project Details:
    • Total of 35 solar projects
    • Annual generation estimated at 380 GWh
    • Power sufficient for approximately 97,000 households
    • Displacing 162,000 tonnes CO2 emission annually
  • Strategic Impact:
    • Aims to reduce energy costs
    • Enhances the green energy footprint of Mytilineos and its business associates
  • Commencement: Projects expected to start operations in Q3
  • Previous Agreements: Includes a PPA for 78 MW of wind energy, signed last year with EDP Renewables

In the northern region of Thessaly, Mytilineos SA—an industrial leader in Greece—has entered into a significant agreement with the Karatzis Group, a company known for producing netting materials and investing in renewable energies.

This contract ensures the supply of electricity from a sizeable solar energy portfolio, which contains numerous photovoltaic projects set to begin operations soon, thereby contributing to the energy supply for thousands of homes and reinforcing the company’s commitment to sustainable energy solutions.

KARATZIS is determinant in supporting and broadening the group’s green energy portfolio. The company is actively investing in Battery Storage Systems (BSS) and renewable energy projects.

Recently MYTILINEOS and KARATZIS sign a 210MW green PPA, that is their second PPA in Greece. This is followed by another agreement with EDP Renewables signed in February 2023. The company is continuously securing PPA with esteemed partners for its international portfolio.

Source: MYTILINEOS and KARATZIS green PPA

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Elliot is a passionate environmentalist and blogger who has dedicated his life to spreading awareness about conservation, green energy, and renewable energy. With a background in environmental science, he has a deep understanding of the issues facing our planet and is committed to educating others on how they can make a difference.

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