Tag: PPC

Greece to phase-out coal by 2025 instead of 2028 – Greece, 28 April 2021

State Secretary at the Greek Ministry of Energy Alexandra Sdoukou said that the country’s last lignite-fired power plant will be closed in 2025, three years ahead of initially agreed deadline. This statement follows the decision of state-controlled Public Power Corporation (PPC) to abandon the op Full article available for subscribers of Energy NEWS service (PDF […]

PPC seeking opportunities for RES investments in Bulgaria, Romania, Serbia – Greece, 27 April 2021

Greek state-controlled Public Power Corporation (PPC) is looking for investment opportunities in renewable energy projects (wind and solar) in neighboring countries, primarily Bulgaria, Romania and Serbia. Bulgaria has recently announced that it plans to build 2.65 GW in renewable energy projects Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, […]

PPC recorded 67 million euros profit in 2020 – Greece, 21 April 2021

Greek state-controlled Public Power Corporation (PPC) recorded a pre-tax profit in the amount of 67 million euros in 2020, compared to a loss of more than 2 billion euros in the previous year. PPC said its operating profits more than doubled to 886 million euros, surpassing the initial goal of 65 Full article available for […]