An SPV owned by Greentop Energy Systems S.A., founded in Athens, on 25/11/2011.
Its sole purpose is to develop, construct and operate a cluster of wind and solar energy projects in North Greece, with a total capacity of 161.9MW.
Projects Cluster Overview
The above neighboring Projects are developed in the Prefecture of Kilkis, Municipality of Paionia, next to the national borders of Greece with FYR of Macedonia, East of the Evzonoi Customs border pass, at close distance from the port of Thessaloniki. They all hold a Production License, an Environmental License and share the same grid connection point, an UHV S/S 400kV under the existing UHV line.
This project will contribute substantially towards Greece meeting EU targets in cutting down greenhouse emissions, 360K t of CO2 and 4,750t of SO2 per year, & increase its renewables share until year 2020 and 2030.
The implementation of this large-scale project will provide multiple benefits to a region in Greece where unemployment is >40% with locals emigrating to other cities and abroad looking for job opportunities. Businesses are closing or moving to FYROM and Bulgaria.
During construction & operation, the project will give a boost to local economy by providing jobs to local labour and skilled professionals, as well as income to local businesses. Municipality & locals will benefit from a levy of 2.7% of the wind project’s gross income