About Successful bid price of hybrid solar storage project in Greece 2026
Hive Energy has earmarked EUR 226.4 million for the construction of a 200 MW solar power plant in Greece with batteries and a green hydrogen production unit. The government has awarded it the status of a flagship investment of exceptional importance, the first in the country.
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3 FAQs about [Successful bid price of hybrid solar storage project in Greece 2026]
Why is Greece launching a storage auction in 2021?
Funding was first announced in 2021 as part of the National Recovery and Resilience Plan. Initially a response to the COVID 19 pandemic, the focus has pivoted to support Greece’s green energy transition. The storage auctions themselves require further approval under EU State aid rules.
How many MW of new battery storage capacity does Greece have?
The Greek authorities have awarded 300 MW of new battery storage capacity in its second energy storage tender. The 11 winning projects range in size from 8.875 MW/17.75 MWh to 49.9 MW/100 MWh.
Do hybrid batteries lose access to renewables auctions?
As in Spain, hybrid projects with co-located batteries that charge from the grid lose access to renewables auctions, however this has not deterred projects applying for 11B licenses.
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