Under the agreement, the joint venture will develop a renewable energy project in Central Greece comprising a 251. Greece – Metlen and Karatzis partner on 790 MWh storage. The projects will pair solar PV with two different energy storage technologies, including one based around molten salt. The European Commission has approved a €1 billion (US$1. 1 billion) state aid measure for Greece to support two solar-plus-storage projects. The funds will take the form of a contract for difference (CfD) over a period of 20. . Metlen and Tsakos Group have entered into a strategic partnership to develop, construct, operate and commercially manage one of Greece's largest hybrid power generation projects.
[PDF Version]
