Deals Counterparts

MYTILINEOS selected for the construction of a 48 MW energy storage project in Northern Greece.

Development Storage announced Greece Oct 26, 2023
48 MW
Capacity

MYTILINEOS SA has been selected by the Regulatory Authority for Energy, Waste, and Water (RAEWW) in a competitive process for the construction of a 48 MW energy storage project. This project will be located near MYTILINEOS' photovoltaic stations in northern Greece, marking a significant step in the company's energy storage initiatives.

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Deal Analysis

Global industrial and energy company Metlen (MYTILINEOS SA) has secured the development of a 48 MW energy storage project in Northern Greece, a win from a competitive process by the Regulatory Authority for Energy, Waste, and Water (RAEWW). This project is particularly notable as it will be co-located with MYTILINEOS' existing photovoltaic stations, suggesting a strategic move to integrate and optimize their renewable assets. For a company positioned at the forefront of the energy transition, this development further solidifies their commitment to expanding energy storage initiatives.
  • 48 MW energy storage capacity
  • Selected via competitive process by RAEWW
  • Co-located with MYTILINEOS' existing PV stations in Northern Greece
  • MYTILINEOS (Metlen) positioned at the forefront of the energy transition

Timeline

Announced
Oct 26, 2023
Signed
Closed

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