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Massive Volkswagen Investment Seen as Vote of Confidence in Greece

Greek PM Kyriakos Mitsotakis hailed on Wednesday the ambitious investment by German automaker to the island of Astypalaia a "vote of confidence in Greece." Volkswagen, in cooperation with Greece, announced it will launch an innovative project to bring climate-neutral mobility...

Volkswagen to Turn Greece's Astypalaia into Green Energy Island

The Greek island of Astypalaia will be the site of a major new investment enterprise, helmed by the Volkswagen corporation. Greek PM Kyriakos Mitsotakis and officials from the German automaker will announce on Wednesday the details of a plan to bring...

Greece Breaks National and European Renewable Energy Records

On September 14th, according to WindEurope, wind power covered 40% of Greece's energy use, the highest percentage covered by wind power in Europe. According to national data released on the same day, wind and solar power sources provided for 51%...

Greece Plans Massive Investment in Switch to Cleaner Energy

The Greek government approved on Thursday an ambitious plan to switch to cleaner energy hoping to generate investment worth about €44 billion over the next decade. The plan approved by the cabinet showed Greece will try to reduce its carbon...

Wind Energy: Greece to Increase Its Capacity By 50 Percent, Report Says

According to the findings of "Wind Energy in Europe: Outlook to 2022" report, Greece is about to see an increase of 1,300 MW in the period between 2018 and 2022, an increase of 50 percent compared to the country's...

Hellenic Army Leading the Way to 'Going Green' With Electric Cars

The Hellenic Army is leading the way in Greece by deciding to turn to electric vehicles as a part of a wider "going green" plan -- despite the fact that the country is lagging in installing "go green" initiatives. According to euractive.com,...

Greece's Tilos Set to Be the First Mediterranean Island to Be Powered by Renewable Energy

The Greek island of Tilos currently relies on electricity from the neighboring island of Kos which is transferred to the island via a submarine cable making power cuts frequent. But Tilos is soon to be the first if its...

EBRD to Provide €300 Million to Boost Greece's Renewable Energy Sector

The European Bank for Reconstruction and Development (EBRD) is investing in Greece by providing funds that are to go to helping develop Greece's renewable energy sector. According to a publishing on Friday by powerengineeringint.com, "EBRD is to provide $318m (€300m)...