Tag Archives: Greece

EIB Group Contributes €2.2 Billion in Financing to Greece in 2024, Focusing on Energy, Business Growth, and Disaster Management

(IN BRIEF) In 2024, the European Investment Bank (EIB) Group provided €2.2 billion in financing to Greece, focusing on boosting energy resilience, supporting business growth, and enhancing disaster preparedness. Key projects included solar parks, grid upgrades, and disaster management infrastructure, … Read the full press release

VINCI Highways Expands Innovative Predictive Maintenance System to Patras Bypass Tunnels

(IN BRIEF) VINCI Highways, along with its Greek partners Avax, Aktor, and GEK Terna, has introduced its innovative predictive maintenance system to four tunnels on the Patras Bypass as part of a broader initiative to implement this technology across the … Read the full press release

EIB Advises Greek Regions on Green Transition and Lignite Phase-Out with €2.75 Million Fund

(IN BRIEF) The European Investment Bank (EIB) will provide advisory support to five Greek regions to facilitate their transition from lignite-based energy production to sustainable, renewable energy sources. Through a €2.75 million technical assistance fund, the EIB aims to promote … Read the full press release

METLEN Partners with HSGME to Enhance Raw Material Security and Sustainability for Aluminium of Greece

(IN BRIEF) METLEN and HSGME have launched a partnership to improve raw material supply security for Aluminium of Greece, focusing on sustainable mining practices and advanced technologies like AI to optimize exploration. The collaboration will promote local economic growth, responsible … Read the full press release

Alterric Partners with Nordex Group for 56 MW Chalkidiki Wind Farm, Marking First Deployment of N175/6.X Turbines in Greece

(IN BRIEF) Alterric, a major renewable energy producer, has partnered with the Nordex Group to install nine N175/6.X wind turbines at the 56 MW Chalkidiki wind farm in northern Greece. This project marks the first use of Nordex’s N175/6.X turbines … Read the full press release

IPTO Joins ENCS to Strengthen Cybersecurity in Greece’s Power Grid

(IN BRIEF) The Independent Power Transmission Operator (IPTO) of Greece has joined the European Network for Cyber Security (ENCS) as a full member. This partnership will allow IPTO to contribute to ENCS’s cybersecurity strategies and benefit from its expertise in … Read the full press release

European Research Collaboration by Merck and Intel Pioneers AI-Driven Sustainability in Semiconductor Manufacturing

(IN BRIEF) Merck and Intel have launched a collaborative academic research initiative in Europe, bringing together eleven institutions from six countries. The program focuses on using Artificial Intelligence (AI) to make semiconductor manufacturing more sustainable, with research projects dedicated to … Read the full press release

Vodafone Connects Crete to Global Network with New IEX Subsea Cable Landing

(IN BRIEF) Vodafone Greece has linked Crete to the India-Europe-Xpress (IEX) subsea cable system via a new landing station in Tympaki, creating a new route for data traffic that strengthens connectivity and resilience on the island. Part of a broader … Read the full press release

Angelicoussis Group’s Maran Tankers Taps GTT for LNG Dual-Fuel Suezmax Fleet Support, Strengthening Sustainable Maritime Operations

(IN BRIEF) GTT has entered into a technical services contract with Maran Tankers, part of the Angelicoussis Group, to support its upcoming fleet of eight LNG dual-fuel Suezmax vessels, which were ordered in 2023 from New Times Shipyard in China. … Read the full press release

Thyssenkrupp and TITAN Group Collaborate on Major Carbon Capture Project in Greece

(IN BRIEF) Thyssenkrupp has partnered with TITAN Group to advance one of Europe’s largest carbon capture initiatives, the IFESTOS project, which focuses on modernizing the Kamari cement plant in Greece. The collaboration will integrate advanced oxyfuel technology, enabling the facility … Read the full press release

Apollo Acquires Stake in bp’s Trans Adriatic Pipeline, Exploring Further Energy Collaboration

(IN BRIEF) Apollo Global Management has purchased a non-controlling stake in bp Pipelines TAP Limited, which holds bp’s 20% share in the Trans Adriatic Pipeline (TAP), for approximately $1 billion. While bp remains the controlling shareholder, this partnership allows bp … Read the full press release

Greek Cities Adopt FUSO eCanter Electric Trucks for Eco-Friendly Waste Collection

(IN BRIEF) Athens and Thessaloniki have ordered 89 FUSO eCanter electric trucks, equipped with advanced waste collection systems from KAOUSSIS, to enhance their urban waste management. These emission-free trucks are designed for efficient operations in narrow city streets and feature … Read the full press release

Greece Now Magazine: A Luxurious Gateway to Hellenic Excellence in the Arab World

(IN BRIEF) Greece Now, a leading luxury magazine showcasing Greek culture, is featured as an exclusive insert in Harper’s Bazaar Arabia’s 2024 issue. Founded by Vivi Andritsou, Nicholas Papapavasiliou, and Vassilios Nicolaos Vitsilogiannis, Greece Now serves as a cultural bridge … Read the full press release

Juwi GmbH Finalizes Sale of Largest PV Portfolio in Company History

(IN BRIEF) Juwi GmbH has sold a 267 MW photovoltaic portfolio in Greece to Foresight and Mirova, marking the largest project in its history. Juwi will serve as the EPC and O&M contractor, with construction starting in August 2024. This … Read the full press release

EIB and Greece’s Systemic Banks Launch €700 Million Guarantee Programme for Mid-Caps

(IN BRIEF) The European Investment Bank (EIB) and Greece’s four systemic banks—Alpha Bank, National Bank of Greece, Eurobank, and Piraeus—have introduced a €700 million guarantee programme to support mid-cap businesses. This initiative aims to facilitate €1.4 billion in new financing … Read the full press release

EIB Grants €390 Million to DEPA Commercial for Large-Scale Solar Projects in Greece

(IN BRIEF) The European Investment Bank (EIB) has provided a €390 million loan to Greek energy supplier DEPA Commercial SA to build and operate solar-energy farms in Greece. This loan supports DEPA’s €500 million renewable energy investment plans, with new … Read the full press release

Schroders Greencoat Acquires UK-Based Solar Portfolio from METLEN Energy & Metals

(IN BRIEF) Schroders Greencoat has acquired a UK-based solar portfolio from METLEN Energy & Metals, strengthening its position as the largest manager of ground mount solar farms in the UK, with a total capacity of 1.9 GWp. The portfolio includes … Read the full press release

SGS Partners with Jetoil to Implement Fuel Quality Certification Program Across Greece

(IN BRIEF) SGS has formed a partnership with Jetoil, a leading fuel retailer in Greece with 113 gas stations. Through this collaboration, SGS will implement its Fuel Quality Certification Program, known as the Seal of Quality, across all Jetoil stations. … Read the full press release

Alfa Laval Showcases Sustainable Marine Solutions at Posidonia 2024

(IN BRIEF) Alfa Laval is set to present its comprehensive range of marine equipment, solutions, and services at the upcoming Posidonia 2024 shipping exhibition in Athens, Greece. The company’s participation emphasizes its commitment to supporting sustainable shipping practices. Alfa Laval’s … Read the full press release

EIF and Greek Government Launch €200 Million Equity Fund to Boost Innovation in Life Sciences and Sustainability Sectors

(IN BRIEF) Greek startups and SMEs in life sciences, healthcare, and sustainability sectors are set to receive a significant boost with the launch of a €200 million equity agreement managed by the EIF arm of the EIB Group. The agreement, … Read the full press release