Calamos Supports Greece

Energy

John Koudounis Highlights Sustainability at Eastern Mediterranean Business Summit

Speaking at the Economist-hosted Fifth New York-Eastern Mediterranean Business Summit Greek-American CEO of Calamos Investments John Koudounis, said there is a strong appetite for investment in Environmental and sustainable products, and although the sector has been politicized by far...

EU Greenlights Greece’s €1 Billion Aid for Solar Energy Projects

The EU executive approved on Tuesday under EU State aid rules Greece's request to offer financial help for two solar energy projects in the country that are expected to increase output of renewable energy. Greece plans to invest €1bn to...

The Remarkable Potential of Sustainable Aviation Fuel for Carbon Emission Reduction

Sustainable Aviation Fuel (SAF) is emerging as a crucial key solution to reduce the carbon footprint of the aviation industry. As air travel continues to grow post-pandemic, there is an increasing interest in SAF both by businesses and governments....

Greece Set to Become Major Energy Exporter to Europe

Greece could generate billions of euros for its economy by developing an electricity connection to central Europe and exporting the country’s vast potential in renewable energy to consumers in Germany and elsewhere, according to a recent study. According to the...

Greece’s Alexandroupolis FSRU to Receive First LNG Cargo

The floating storage regasification unit (FSRU) at Alexandroupolis, Greece is expected to receive the first shipment of liquefied natural gas (LNG) on Saturday establishing the northern city as an energy hub for Southeastern Europe. The FSRU will be connected to...

Greece Adds Record Solar Power Capacity in 2023

Greece saw a record increase in its solar power capacity last year, helping establish the country among the Top 10 European Union members tapping the sun to meet their energy needs. According to a new report by industry association Solar...

Libra’s GSI to Build Massive Solar Power Facility in Canada

Greenwood Sustainable Infrastructure LLC (GSI), one of the renewable energy subsidiaries of Libra Group, announced the construction of a 100-megawatt (MWac) utility-scale solar facility in Saskatchewan, Canada. The Iyuhána Solar (Iyuhána), a GSI-led partnership with Saturn Power Inc. and Ocean...

Mitsotakis Wants Greece to Become Exporter of Green Energy

Prime Minister Kyriakos Mitsotakis on Thursday said he hoped Greece would become an exporter of green energy “in the medium-term.” The Greek PM was speaking on the topic "European Green Deal, Anyone?" at the World Economic Forum in Davos. “We hope...

Greece Sees Huge Increase in Renewable Energy Applications

Greece's ambitious 2030 renewable energy target of 23.5 GW has led to an enormous increase in projects being applied for in the country. Greece's Renewable Energy Landscape According to Greek energy news portal, Energypress, applications submitted to power grid operator IPTO...

Global Rush Is on for Lithium, the White Gold

Countries all over the world are in a rush to find and develop reserves of lithium, dubbed the "white gold" for being a key component in batteries, including electric vehicles and energy storage devices. Recently, Elon Musk described lithium batteries...

Greece Plans First Offshore Wind Farms by 2030

Greece on Tuesday moved toward building its first offshore wind farms, identifying areas for private development in a draft plan that the government hopes will lessen the country's dependence on fossil fuels. Greece aims to build an installed capacity of...

Huge Deposit of White Hydrogen Could Fight Climate Change

Two scientists in France have discovered what may be the largest known deposit of white hydrogen, a clean energy resource that could help in the fight against climate change. Jacques Pironon and Phillipe De Donato, directors of research at France's...

Greece Urged to Scrap Offshore Gas Drilling Because of Impact on Whales, Dolphins

Environmentalists have called on Greece to scrap plans to drill for gas off its coast following the discovery in a recent survey that the region is year-round home to endangered whales and dolphins. The survey indicates that at least four...

Will California’s Salton Sea Become the “Saudi Arabia of Lithium”?

The now-highly polluted Salton Sea, in California, could become the "Saudi Arabia of lithium," experts say due to its high concentration of the metal. Global demand for lithium batteries is set to jump five-fold by 2030, and the world could...