HELLENiQ Renewables
We remain firmly focused on developing an extensive portfolio of Renewable Energy Sources (RES) projects. Our target is to exceed 1 GW of installed capacity by 2026 and reach over 2 GW by 2030.
We place particular emphasis on expanding our presence across new technologies, markets and geographies, while actively contributing to the improvement of our environmental footprint through the offsetting of greenhouse gas emissions.
In parallel, we continue to explore investment opportunities in self-generation and self-consumption projects at our Group's installations connected to low and medium-voltage networks.
Our Journey
- Establishment of HELLENiQ Renewables as a wholly owned subsidiary of the Group, marking its entry into the Renewable Energy sector.
- Development of the first photovoltaic and wind projects, with a focus on gradually expanding the Group’s RES portfolio.
- Acquisition and integration of key projects in Greece and abroad, supporting the Group’s energy transition strategy.
- Expansion of international presence with projects in Greece, Cyprus, Romania, and North Macedonia.
- Implementation of new technology solutions including biomass units, net-metering systems, and self-generation projects.
- Planning and development of energy storage projects, enhancing the flexibility and reliability of our energy portfolio.
Energy with perspective
The HELLENiQ Renewables development portfolio includes RES and Energy Storage projects with a total capacity exceeding 6 GW, currently at various stages of development and permitting maturity. Geographically, the portfolio extends across Greece, Cyprus, Romania and Bulgaria, countries where HELLENiQ Renewables operates.
Projects in Development
As part of our strategy for clean energy and sustainable growth, we implement projects that strengthen our energy footprint and our position in the markets where we operate. Each project represents a further step towards a more resilient and sustainable energy future.
In this context, we are implementing investments in the Municipality of Kordelio - Evosmos and in Florina for the development of Battery Energy Storage Systems (BESS). The investment comprises five projects selected under the first competitive bidding process for electricity storage support.
| Project | Maximum injection capacity | Maximum absorption capacity | Guaranteed (usable) capacity | Location |
|---|---|---|---|---|
| Battery Energy Storage System | 25 MW | 25 MW | 50 MWh | Municipality of Kordelio–Evosmos |
| Battery Energy Storage System | 25 MW | 25 MW | 50 MWh | Municipality of Kordelio–Evosmos |
| Battery Energy Storage System | 50 MW | 50 MW | 100 MWh | Municipality of Kordelio–Evosmos |
| Battery Energy Storage System | 25 MW | 25 MW | 100 MWh | Municipality of Florina |
| Battery Energy Storage System | 25 MW | 25 MW | 100 MWh | Municipality of Florina |
National Recovery and Resilience Plan Greece 2.0
The projects were funded by the Recovery and Resilience Facility (RRF) under the National Recovery and Resilience Plan “Greece 2.0”, financed by the European Union - NextGenerationEU.
Accelerating the shift to green energy
Guided by vision and expertise, we are developing a continuously evolving RES portfolio that supports the Group’s energy transformation, while respecting local communities and contributing meaningfully to the improvement of our environmental footprint.
