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Thursday, August 18, 2022
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GreeceBusinessHellenic Petroleum & RWE to cooperate in off-shore wind parks

Hellenic Petroleum & RWE to cooperate in off-shore wind parks

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Hellenic News of Americahttps://www.hellenicnews.com
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Hellenic Petroleum on Monday announced a cooperation agreement with German RWE in off-shore wind power parks in Greece.

The two companies, through their subsidiaries Hellenic Petroleum Renewables and RWE Renewables GmbH, are forming a joint venture with equal share to cooperate in developing, implementing and operating off-shore wind power parks in Greek seas.

“This cooperation is even more important given Greece’s goal to operate off-shore wind parks with a total power of 2 GW by 2020,” Hellenic Petroleum said.

RWE has developed and operate 18 off-shore wind power parks and plans to boost its total power capacity from 3GW to 8GW. Hellenic Petroleum Renewables is currently operating units with a total power capacity of 300MW and plans to boost its production capacity to more than 2GW.

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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