Greece’s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of a battery storage subsidy program launched in 2023, with the country now turning its focus towards a new 4.7 GW unsibsidized BESS scheme.
According to the Greek National Energy and Climate Plan (NECP), the nation aims to install 4.3 GW of storage by 2030. Thus far, 900 MW has been allocated via the Greek Regulatory Authority for Energy, Waste, and Water (RAAEY) tenders. Therefore, the remaining share would be delivered under the new plan but without any subsidy support.
The much-awaited ministerial decree for zero-subsidy standalone battery systems has been published in Greece. So far, Greece has provided support to 900 MW of standalone storage projects under three previous auctions.
An investment ‘fever’ is gripping the new energy storage sector as the ministerial decision was published yesterday (March 14, 2025), setting the rules for installations with a total capacity of 4.7 GW in our country. So far, three auctions have supported 900 MW projects with subsidies.
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After the 10-year term, most projects are expected to rely on merchant market revenues. Key long-term revenue sources for BESS in Greece include CfDs, capex subsidies, …
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The much-awaited ministerial decree for zero-subsidy standalone battery systems has been published in Greece. So far, Greece has provided support to 900 MW of standalone …
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A draft ministerial decision envisages the installation of 3.55 GW of standalone battery energy storage systems which will be granted priority connection to the transmission or …
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A separate project that recently come online in Greece, from IPP Principia. Image: Principia. Trina Storage will supply technology for one of Greece’s largest battery energy …
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PPC seeks to deploy 600 MW of energy storage under its investment plan for the 2025-2027 period. Its pipeline includes projects at various stages of implementation in Greece …
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Sunlight Group Energy Storage Systems is a prominent provider of innovative energy storage solutions, specializing in lithium-ion and lead-acid batteries for various applications, including …
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Why Greece’s RV Energy Storage Project Is a Game-Changer You’re cruising through the sun-drenched Peloponnese peninsula in your RV, air conditioner humming, fridge …
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Greece’s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of …
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The other project to partake from the Greek funding is a 309 MW solar PV park with an integrated lithium-ion battery energy storage system (BESS). This project aims to optimize …
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By TERNA ENERGY at Amari, Crete The largest hybrid project in Europe and the first of its size and characteristics in Greece, the Hydro Pumped Storage in Amari, Crete, is a model green …
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The European Commission has recently approved €1 billion under EU State aid rules to support two projects for the renewable energy generation and storage in Greece. The …
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Trina Storage, the energy storage arm of Trinasolar, has signed its first energy storage project in Greece with PPC Renewables, marking a major milestone for the company’s …
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