Thessaloniki, 25 July 2024 — FARIA Renewables announces the integration of the new photovoltaic project “MYKONOS”, with a capacity of 35 MW, into its asset portfolio in Central Greece.
The project’s construction will start immediately, with the goal of completion by the fourth quarter of 2025. The investment reaches 27 million euros, the PV project will be developed on 100% privately owned land and is expected to produce 52.5 GWh of clean energy per year, which will supply 13,125 households in the Domokos and Farsala areas.
The integration of this project, previously owned by the V Group of Companies, is fully aligned with Faria Renewables’ strategy to include additional ready-to-build projects in its portfolio, while it is another important step towards Greece’s energy transition.
FARIA Renewables currently has a 3,500 MW portfolio under development across Greece, which includes renewable energy projects at various stages of maturity. The “MYKONOS” project comes to be added to the company’s mature projects, which are more than 126 MW in the construction and electrification phase.
FARIA Renewables remains committed to its vision of contributing to the promotion of sustainable development by investing dynamically in renewable energy projects that substantially meet the energy transition needs of the country and local communities.
