Valorem Secures Environmental Approval for 300MW Solar Project in Greece

Credit: Valorem

independent green energy operator Valorem has achieved Environmental Terms Approval (ETA) from the Greek Ministry of Energy and Environment for seven projects totaling 300MW in Thessaly. These projects are part of a larger-scale solar initiative spanning 362 hectares, with a combined capacity of 360MW in the Larissa region.

The Farsala solar energy complex, comprising 11 photovoltaic solar projects, is set to provide 550GWh of clean energy, meeting the needs of approximately 40,000 households. Each PV project will transfer electricity through underground medium voltage lines to a new environmentally permitted substation proposed by Valorem in Skotoussa, Farsala Municipality.

See also: Hellenic Cables Launches €80 Million Investment Program

Thomas Stavrou, the country manager for at Valorem Group, highlighted the company's commitment to strengthening its presence in Greece and its role in contributing to Europe's energy sovereignty. Valorem, active in Greece since 2019 through its local subsidiary Ren Valorem Hellas, currently has a portfolio of around 700MW under development, emphasizing collaboration with local partners and communities.

The recent environmental approval underscores Valorem's position as a European Independent Power Producer and its contribution to achieving a local, secure, and stable-priced green electricity supply in Europe.

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