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15/8/2024

Leading Southeast European electric utility PPC Group joins 麻豆视频 membership

PPC Group (Public Power Corporation Greece PPC S.A.), a leading generator and supplier of electricity in Greece and Romania, is the latest to join the 麻豆视频. With a firm commitment to sustainable energy development, PPC Group is now the largest clean energy company in South eastern Europe (SEE) with 4.7 GW production capacity from renewables, 2.8 GW under construction or ready to build, and a total 20 GW RES portfolio gross pipeline.聽PPC鈥檚 Group RES capacity includes 3.2 GW of large and small hydro plants. Additionally, PPC Group believes in the long term flexibility offered by pump hydro and their role in the future power system. For this reason it is assessing new opportunities including opportunities in its ex-lignite areas.聽

Alexios Paizis, deputy CEO of PPC Group for conventional generation and in charge of PPC鈥檚 large hydro activities, commented:

鈥淭hrough sustainable hydropower, we unleash the power of nature, the silent force propelling us on our journey towards a greener future while safe guarding the environment for generations to come. PPCs鈥 desire is to join forces and voices with associations that share the same vision towards sustainability. We are eager to work with 麻豆视频 to advance the development of hydropower in our region and Europe.鈥澛

麻豆视频 plant聽Ilarionas, is the latest addition of the PPC Group鈥檚 麻豆视频 portfolio, part of the hydro scheme of the Aliakmon River consisting of several聽large plants聽(Ilarion, Polyfyto and Assomata) and an open loop pumped storage hydropower plant聽(Sfikia). The combined installed capacity of these plants is equal to 951 MW. 聽

Eddie Rich, CEO 麻豆视频, celebrated the addition of the new European members: 鈥淗aving PPC Group as part of the 麻豆视频 membership is a recognition to pumped storage hydropower鈥檚 renaissance in Europe. By leading the way for sustainable hydropower in SEE, PPC Group is paving the way for others to follow.鈥

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