Athens, Greece / London, United Kingdom – October 9, 2025 – METLEN (RIC: MTLN.L, Bloomberg: MTLN.LN, MTLN.GA, ADR: MYTHY US) and Karatzis Group of Companies are entering into a new strategic partnership, through a joint venture with ownership stakes of 49% and 51% respectively, for the development, construction, operation, and energy management of a Battery Energy Storage System (BESS) with a capacity of 330MW / 790MWh in Thessaly, Greece.How many MW of new battery storage capacity does Greece have?The Greek energy regulator has awarded 300 MW of new battery storage capacity in the nation's second energy storage tender, split among 11 projects. The tender is part of the country’s 1 GW energy storage auction program. The projects range in size from 8,875 MW/17,75 MWh to 49,9 MW/100 MWh).
Does Greece have a battery storage subsidy program?Greece’s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of a battery storage subsidy program launched in 2023, with the country now turning its focus towards a new 4.7 GW unsibsidized BESS scheme.
How often should energy storage projects be completed in Greece?Investors will be expected to submit progress reports every three months to ensure timely construction. Greece’s first energy storage tender took place last year. It awarded 12 energy storage projects, or 411,79 ΜW of capacity, with an average price of €49,748/MW per year.
What is the Greek energy storage tender?The tender is part of the country’s 1 GW energy storage auction program. The Greek energy regulator has awarded 300 MW of new battery storage capacity in the nation's second energy storage tender, split among 11 projects. The tender is part of the country’s 1 GW energy storage auction program.
Does Greece need a third energy storage tender?Greece’s first energy storage tender took place last year. It awarded 12 energy storage projects, or 411,79 ΜW of capacity, with an average price of €49,748/MW per year. To conclude its energy storage auction program, Greece needs to run a third storage tender to account for the remainder of the program’s 1 GW of capacity.
How much does an energy storage auction cost in Greece?The regulator said the auction was highly competitive, leading to an average tender price of €47,680 ($51,506)/MW per year. Greece’s energy storage auction program awards contracts-for-difference (CfD) over periods of 10 years. The submitted bids were capped at €115,000/MW per year, with the lowest successful bid set at €44,100/MW per ye
Mar 24, 2025 · Greece''s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of a battery storage subsidy
Export PriceMar 24, 2025 · Greece''s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of
Export PriceMar 14, 2025 · The new plan, prepared by the Ministry of the Environment and Energy, calls for installing 4,700 MW of standalone battery projects across the country, equal to the entire projected capacity until 2030 under
Export PriceJul 23, 2025 · The company was established in 2023 by developer Faria Group and the Capenergie 5 fund managed by French private equity firm Omnes Capital. Faria Renewables
Export PriceOct 10, 2025 · METLEN and Karatzis Group of Companies are entering into a new strategic partnership, through a joint venture with ownership stakes of 49% and 51% respectively, for
Export PriceMay 20, 2025 · Image: PPC Group. Utility Public Power Corporation (PPC) has launched construction on two BESS projects in Northern Greece totalling 98MW/196MWh of capacity. The Melitis 1 battery energy storage system
Export PriceOct 22, 2025 · The new station will be built by PPC Renewables, a member company of the PPC Group, and will integrate batteries with a total installed capacity of 50 MW. The storage
Export PriceMay 20, 2025 · Image: PPC Group. Utility Public Power Corporation (PPC) has launched construction on two BESS projects in Northern Greece totalling 98MW/196MWh of capacity.
Export PriceMar 14, 2025 · The new plan, prepared by the Ministry of the Environment and Energy, calls for installing 4,700 MW of standalone battery projects across the country, equal to the entire
Export PriceFeb 19, 2024 · The Greek authorities have awarded 300 MW of new battery storage capacity in the nation''s second energy storage tender, split among 11 projects. The tender is part of the
Export PriceJul 23, 2025 · The company was established in 2023 by developer Faria Group and the Capenergie 5 fund managed by French private equity firm Omnes Capital. Faria Renewables aims to establish itself as a leading
Export PriceMay 19, 2025 · PPC Group is beginning the construction of two new energy storage stations (BESS) in Western Macedonia, in Northern Greece. The first one is "Melitis 1" station with a
Export PriceSep 25, 2025 · The top ten energy storage developers in Greece—important figures influencing the energy landscape going forward—will be highlighted in this article. For investors and
Export PriceOct 9, 2025 · By investing in this pioneering project for the Greek energy market, METLEN undertakes the full construction, operation, and maintenance of the unit through M
Export Price
The Greek energy regulator has awarded 300 MW of new battery storage capacity in the nation's second energy storage tender, split among 11 projects. The tender is part of the country’s 1 GW energy storage auction program. The projects range in size from 8,875 MW/17,75 MWh to 49,9 MW/100 MWh).
Greece’s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of a battery storage subsidy program launched in 2023, with the country now turning its focus towards a new 4.7 GW unsibsidized BESS scheme.
Investors will be expected to submit progress reports every three months to ensure timely construction. Greece’s first energy storage tender took place last year. It awarded 12 energy storage projects, or 411,79 ΜW of capacity, with an average price of €49,748/MW per year.
The tender is part of the country’s 1 GW energy storage auction program. The Greek energy regulator has awarded 300 MW of new battery storage capacity in the nation's second energy storage tender, split among 11 projects. The tender is part of the country’s 1 GW energy storage auction program.
Greece’s first energy storage tender took place last year. It awarded 12 energy storage projects, or 411,79 ΜW of capacity, with an average price of €49,748/MW per year. To conclude its energy storage auction program, Greece needs to run a third storage tender to account for the remainder of the program’s 1 GW of capacity.
The regulator said the auction was highly competitive, leading to an average tender price of €47,680 ($51,506)/MW per year. Greece’s energy storage auction program awards contracts-for-difference (CfD) over periods of 10 years. The submitted bids were capped at €115,000/MW per year, with the lowest successful bid set at €44,100/MW per year.
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