PPC Group starts the second phase of construction for the 490 MW photovoltaic power plant in Megalopoli (Greece), a project leading to the transformation of the former lignite sites into a green energy hub. Following the signing of the EPC contract between PPC Renewables and TERNA, the second phase of the project commences with the construction of an additional 125 MW.

The first phase of the PV park, with a capacity of 125 MW, is already under construction and is expected to be completed by the end of the year.

The third phase of the project, concerning the construction of the PV plant with a capacity of 240 MW, is expected to begin within 2026.

With an installed capacity of 490 MW, the estimated annual electricity generation is expected to reach 860 GWh. This can meet the energy needs of 215,000 households and prevent emissions of 430,000 tons of CO2 annually.

According to its three-year strategic plan, in the period 2025-2027, the PPC Group will develop an additional 5.6 GW of renewable energy capacity in Greece and the wider region of Southeastern Europe with the aim of increasing its installed capacity to 11.8 GW by 2027.