Tag Archive for: renewable energy

Latest Greek auction points to future market realities

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Written by Jon McNair | ENERGY REV

First published here • JUNE 28, 2021

Latest Greek auction points to future market realities

The steady reduction in the price of winning tariffs in successive rounds of Greek renewables auctions, capped by the most recent edition in May, has the potential to realign the market in the country.

Over successive auctions held over recent years, Greece has followed most other countries in registering incremental drops in the tariffs awarded to successful projects. 

And May’s (2021) latest 350MW edition of the Greek programme was no exception as successful bid prices dipped down to an average of EUR 37.60/MWh, although falling as far as EUR 32.97 in the case of one project: a 19.3MW solar farm developed by local group Egnatia. 

Other successful bidders included Lightsource bp, in a collaboration with another local developer Kiefer TEK, which secured 20-year contracts for 140MW of solar PV capacity at an average price of EUR 38.50/MWh. Meanwhile, Mytilineos also bagged tariffs for 140MW of solar, at a slightly lower average rate of EUR 37/MWh. 

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Cero Generation and Wattcrop form joint venture to develop Greek solar energy portfolio

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Today marks a significant milestone for all of us here at cleantechgeek.com, our main company Wattcrop has successfully formed a Joint Venture with Cero Generation, a Macquarie Green Investment Group portfolio company. Our purpose to drive Renewable Energy and Storage Assets mainly to the Greek and but also to other European markets. Combining financial strength, knowhow and local expertise we are setting ambitious targets to develop more than 750MW in the next few years just on the Greek market alone. Please find below the official Press Release:

Monday, 12th of July 2021

  • Cero Generation and Wattcrop announce a new joint venture partnership to develop an extensive portfolio of solar PV projects in Greece.
  • The partners are targeting the development of   750 MW of capacity over the next four years.
  • The joint venture marks Cero’s entry into the Greek market. With more than 8 GW under development across 150 projects, Cero is home to one of Europe’s largest solar development portfolios.
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Cybersecurity in Renewable Energy Assets – A key policy energy asset owners cannot afford to ignore!

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Cybersecurity in Renewable Energy Assets – A key policy energy asset owners cannot afford to ignore!

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We are fortunate that we live in the Renewable Energy Renaissance. The penetration of Renewable Energy Assets is increasing exponentially even with the COVID Restrictions and distributed energy generation will be the new norm.

As we are coming to terms with this new reality, we will need to be aware of the risks associated with managing multiple generating assets. Information and data are key within this environment, as the industry evolves into unsubsidized full merchant mode.

Before we venture deeper into the importance of Cybersecurity, we should perhaps define it. What is Cybersecurity?

“Cyber security refers to technologies, processes and controls that are designed to protect systems, networks, devices and data from attacks and unauthorised access.”

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Data analysis is set to transform the energy industry – 4 applications that lead this change

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Data analysis can be deployed across the whole energy value chain, regardless of the size of the asset. From large utility scale sites to residential solar and storage, leveraging the power of data drastically cuts costs, enhances the useful life of the asset and saves valuable time to the owner and managing team.

Currently information flow is fractured and involves multiple stakeholders, exchange of endless spreadsheets and one-way, data deprived reporting processes. The main problem is the high volume of low quality, unvalidated data; distributed through various channels, their value is not unfolded, and they are perceived as an additional responsibility, instead of a valuable tool in the hands of O&Ms, Asset Managers and local councils.

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Inside Cleantech – S1:E6 – Data Collection & Management with Drones – Interview with Will Hitchcock

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Cleantech Geek

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At this series we discuss with experts, senior executives and influencers from the Cleantech and Renewable Energy Industry. Find out about their opinions on the future of the industry, get their insights on opportunities, learn from their successes and failures.

On this interview, I am discussing with Mr Will Hitchcock Founder & CEO of Above. Learn how the sector has evolved over the last 4 years, with drones becoming a key tool for inspections and how data collection and management becomes more important for efficient decision making. Get Will’s personal view on what made Above a success story over the last 4 years and how starting up a company laying on the intersection of his personal interests was critical for his success. Interview was taken in the Solar & Storage Live 2019 exhibition, successfully organised by Terrapinn – http://www.terrapinn.com

Please watch the video and leave your comments below! Don’t forget to subscribe and like!

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Challenges within Solar PV O&M and Impact on Smaller Installers / Service Providers

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Conference: SOLAR & STORAGE LIVE 2019 | 18 December 2019 | NEC Birmingham Organisers: Terrapinn – http://www.terrapinn.com

Presenter: Ypatios Moysiadis – Greensolver Business Development Director

During the Solar & Storage Live 2019 Exhibition, Ypatios gave a presentation on the Challenges within Solar PV O&M and the Impact / Opportunities for small Installers / Service providers.

Five key point on how Solar PV O&M is evolving:

1) Price pressure leads to new business models

2) Data driven decision making becomes a focal point

3) Safety and Compliance become more important

4) Un-subsidised Solar projects will result in new types of stricter service contracts

5) Consolidation on higher levels will have a knock on effect in the service industry.


Please watch the video and leave your comments below! Don’t forget to subscribe and like!

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Inside Cleantech – S1:E5 – Future of Solar in the UK – Interview with A. Klassen & N. Gall

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Cleantech Geek

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At this series we discuss with experts, senior executives and influencers from the Cleantech and Renewable Energy Industry. Find out about their opinions on the future of the industry, get their insights on opportunities, learn from their successes and failures.

On this interview, I am discussing with two Solar Trade Association experts on the front line of the solar Industry representation, Mrs Aleksandra Klassen Business Development Manager and Mr Nicholas Gall, Senior Policy Analyst of the STA. Learn their views and the views of STA on what the next day holds for the solar sector in the UK as well as the important regulatory changes that will effect existing and new solar assets. Interview was taken in the Solar & Storage Live 2019 exhibition, successfully organised by Terrapin.

Please watch the video and leave your comments below! Don’t forget to subscribe and like!

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Interview to Museum of Entrepreneurship – Sharing my views on Entrepreneurship and call to action on Climate Change

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Cleantech Geek

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A huge thank you to Dr Stefania Zerbinati and her team for this rather personal interview. I am communicating my views on entrepreneurship, I am giving a glimpse on my personal story and I share my entrepreneurial intersection. I close the interview with a message and a call to action on fighting climate change, a purpose which I have dedicated my life and my work – “The technology to change the planet is here”

Check out the website of the museum at www.museumofentrepreneurship.com for more insightful videos from like-minded entrepreneurs.

Please watch the video and leave your comments below! Don’t forget to subscribe and like!

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