Project Detail |
Financing of the first stage of the investment programme for the development of a 125 megawatt-peak solar photovoltaic and 83 megawatt / 249 megawatt-hour battery energy storage park in the municipality of Fyli.
Objectives
The operation will contribute to achieving the REPowerEU objectives and the wider climate and energy targets set at EU and national level. It will support the national renewable energy targets laid out in the Greek National Energy and Climate Plan, which envisages a deep decarbonisation of the Greek economy through development and integration of new renewable generation capacity. Moreover, the operation is expected to have a positive social impact by means of providing free electricity to low-income households of the municipality, and through the regeneration and rehabilitation of the municipal landfill site.
Sector(s)
Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 124 million
Total cost (Approximate amount)
EUR 165 million |