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Wednesday, September 6, 2017

Greece: Chinese Bank to Help Develop Geothermal Energy Projects

PPC to sign agreement with China Development Bank (Balkan Green Energy News)

China Development Bank (CDB) and the Public Power Corporation (PPC) of Attica, Greece, are due to sign a memorandum of understanding in Thessaloniki on Saturday, September 9 to cooperate in the development of renewable energy projects in Greece and the wider region, including geothermal energy, as well as the provision of energy services.

On August 24,  PPC announced that six interested parties qualified for Phase B of the selection process regarding the selection of a strategic partner in the field of electricity production from geothermal power plants. There were seven expressions of interest files that were timely submitted.