Masdar and Taaleri Energia to develop solar plant in Greece

Masdar and Taaleri Energia to develop solar plant in Greece

Top officials of the UAE and Greece during a virtual signing ceremony. WAM

Masdar and Taaleri Energia, which invests in utility-scale wind and solar assets, have agreed to develop a 65-megawatt (MW) solar photovoltaic (PV) project in Greece. The project will be managed through the companies’ joint venture Masdar-Taaleri Generation (MTG).

The co-development was announced at a virtual signing ceremony, attended by Dionyssios Zois, Ambassador of the Hellenic Republic to the UAE, and Sulaiman Hamed Salem AlMazroui, UAE Ambassador to the Hellenic Republic.

According to Masdar, the project is its first investment in the Greek market and will be developed by MTG alongside local partners, the Constantakopoulos family and Autohellas S.A.

“We are extremely pleased for today’s virtual signing of the agreement between two prominent Greek business groups, the Constantakopoulos family and Autohellas SA, and the joint venture between Masdar, the UAE’s renewable energy leader, and Finland’s Taaleri