Giles Dickson

Strong foreign investment interest for Greek offshore wind farms 

Foreign investment groups expressed their strong interest in Greece's offshore wind farms (OWF) during an event organized by the Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) in the context of this year's 29th Conference of the Parties (COP29), hosted in Baku, Azerbaijan between November 11 and 22. 

Energy Minister – Reduction in electricity bills of 1.1 billion euros from the interconnections of the islands

The reduction of 1.1 billion euros in electricity bills of all consumers will be brought about in the next 4 years through the electricity interconnection of the islands and the consequent reduction of the cost of Utilities, according to the data presented today by the Minister of Environment and Energy Costas Skrekas speaking to energypress conference on renewables and energy storage.

Turkey ranks as 5th biggest wind investor in Europe

Turkey has been ranked as the fifth-biggest wind power investor in Europe in 2020 with €1.6 billion, according to WindEurope's report on April 13.

The Financing and Investment Trends in the European Wind Industry in 2020 report said that investments in offshore wind farms hit a record €26.3 billion, while investments in new onshore wind farms reached €16.5 billion.