RWE signs deal with Greek utility aiming for 2 GW of coal-mine solar

It's official. After 18 months or so of negotiations, electric companies in Germany and Greece last night inked a deal to confirm RWE's entry into the Greek power market. Initially, the arrangement concerns 2 GW of new PV generation capacity to be built in former lignite mines, however the deal may later expand to include additional power projects.The RWE Renewables subsidiary of German utility RWE, and its PPC Renewables counterpart of Greece's Public Power Corporation (PPC) last night agreed to form a joint venture to co-develop renewables projects in Greece. Under the arrangement, RWE will ...

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