OT.gr reports that Greece is emerging as a leading option in
OT.gr reports that Greece is emerging as a leading option in Europe for global enterprises interested in investing in Renewable Energy Sources (RES) through Power Purchase Agreements (PPAs).
Power Purchase Agreements (PPAs) are long-term contracts between renewable energy producers and large corporations seeking to secure electricity at stable prices in a sustainable manner.
Tech giants such as Amazon, Google, and Microsoft have either already positioned themselves in the RES market in Greece or have expressed interest in entering into PPA contracts, as the county has become appealing due to several factors ranging from geographical location to an investment-friendly environment.
Among others, these include: abundant Renewable Energy Resources (RES), as the country boasts excellent conditions for solar and wind energy development, making it an ideal hub for renewable energy projects.
Strategic Geographic Location: Positioned at the crossroads of Europe, Asia, and Africa, Greece offers opportunities for energy network interconnections and energy exports.
Global powerhouses like Microsoft, Amazon, and Google have chosen Greece to achieve their carbon-neutral goals by 2030. Microsoft has invested in data centers in Attica, powered entirely by renewable energy, while Amazon is moving ahead with plans to purchase PPAs for solar energy to enhance its Greek infrastructure.
Content Original Link:
Read Full article form Original Source OIKONOMIKOS TAXYDROMOS
" target="_blank">Read Full article form Original Source OIKONOMIKOS TAXYDROMOS
