ThermoSolar Projects
ThermoSolar Projects in Greece & Cyprus
The "FN Development Thermoelectric Solar Project" consists of two Thermo-Solar Power Plants with a total capacity of 138 MW in Greece and Cyprus.
The projects are CSP (Concentated Solar Power) thermal power plants fully permitted with Licenses for construction of solar thermal Power systems located in Greece and Cyprus.
In Greece, the Maximus Project, totalling 88 MW, is in a ready for contaruction maturity stage, having secured a 25-year PPA at the extremely favorable price of 268 €/MWh. On top of that, the project has an approved susidy of 92.4 million € from the Greek State.
In Cyprus, the Project is a 50 MWe CSP thermal power plant with 7-hour molten salt storage capacity in Cyprus, planned for 24 hours of continuous power generation. To achieve this a natural gas supplemental combustion system whose heat exchange power is consistent with the heat exchanger of the CSP project is combned with the CSP system to generate electricity.
A 50 MWe CSP thermal power plant with 7-hour molten salt storage capacity in Cyprus, planned for 24 hours of continuous power generation. To achieve this a natural gas supplemental combustion system whose heat exchange power is consistent with the heat exchanger of the CSP project is combned with the CSP system to generate electricity.
Maximus is a 88 MW CSP project in Northern Greece ready for construction with purchased land, fully licensed & 25 year PPA in afavorable price.
A first mover of CSP in Greece as no other project in the mainland has reached our progres.