Public Power Corporation (PPC) is planning to make a major shift to
renewable energy sources through joint projects with the private sector. Sources
from the company suggested that only by employing such partnerships could the
country could meet its binding targets for RES penetration by 20 percent by
2020. New PPC president Arthouros Zervos is expected to start a series of talks
with all major groups involved in RES so that they can participate in the PPC
projects that are already in the works. He will also discuss the company's
possible involvement in private investment plans. PPC Renewables, a subsidiary
of the power company, already cooperates with private groups. Meanwhile
yesterday, the alternate chief executive officer of PPC, Prodromos Efthymoglou,
tendered his resignation.
(
from “E-Kathimerini”)