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Gazprom remains out of Greece

Gazprom has decided to stay out of the privatization process for Greek state gas operator DEPA for fear that its finances would worsen before the deal closed. Gazprom’s spokesman Sergei Kupriyanov said that they didn’t receive enough guarantees.

read more... 11/06/2013

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EIB to provide 215 million euro loan for electricity and gas to Greece

The European Investment Bank (EIB) is providing two loans for a total amount of about 215 million euro having the objective to help increase energy security and support efficiency in Greece.

read more... 21/05/2013

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Greece to cut FiTs retroactively

The Greek government has announced recently that it intends to cut drastically the feed-in-tariffs for photovoltaic systems (ground-mounted and roof installations) aiming to reduce a deficit in the fund it uses for renewable energy.

read more... 15/05/2013

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Bulgaria withdraws from major project with Russia and Greece

Bulgaria's outgoing parliament has voted to abandon a 1 billion euro oil project meant to bring Russian oil to Greece via Bulgaria. A total of 115 lawmakers in the 240-seat legislature voted to scrap a 2007 agreement with Russia and Greece for the 280-kilometre pipeline, while twenty-five lawmakers voted against the move.

read more... 11/03/2013

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Chinese ReneSola hits the milestone of 100MW in Greece

ReneSola, a leading global manufacturer of high-efficiency solar PV modules, has announced that, since the end of 2011, more than 100MW of its PV modules have been distributed, installed and connected to the grid in Greece.

read more... 21/02/2013

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