[et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”justified” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]<\/p>\n
Construction activity in the country\u2019s wind energy sector has reached lofty levels in recent times, as highlighted\u00a0by a capacity of more than\u00a0500 MW now being installed.<\/p>\n
This heightened activity includes a major 300 million-euro investment in Kafirea, southern Evia, being developed by Enel\u2019s Greek subsidiary, Enel Green Power Hellas. Development of this facility, a complex of eight wind farms to offer an overall capacity of 167 MW, is now moving ahead at full speed after the Council of State, Greece\u2019s Supreme Administrative Court, cleared the business\u00a0plan as lawful in a verdict delivered last month.<\/p>\n
All of the country\u2019s major wind energy players are currently developing projects, which has boosted\u00a0the sector\u2019s construction activity to its current heights. Numerous medium and small-scale investors are also contributing to the RES sub-sector\u2019s current development frenzy.<\/p>\n
Projects now being developed have managed to keep steady feed-in premiums. Once these wind energy investments have been\u00a0completed, the baton will be passed on to investments to emerge from the next round of auctions.<\/p>\n
Proposals made by RAE, the Regulatory Authority for Energy,\u00a0for the wind energy sector include\u00a0auctioning\u00a0a maximum capacity of 300 MW this year, a further 300 MW in 2019 plus any leftover capacities from this year\u2019s auctions, and an additional 300 MW in 2020 with any 2019 leftovers intact.<\/p>\n