Israel-based Kenlov enters Greece with 378 MW of wind, solar projects

Tel Aviv-based independent power producer Kenlov Renewable Energy said on Monday that it is expanding its geographical footprint into Greece, with 378 MW of planned wind and solar power projects there.

The company has already sought local power production licences, Kenlov said in a statement.

The renewables firm plans to develop nine projects overall, three of which -- for a total of 223 MW, will be the work of its local in-house team led by newly appointed Greece country manager Giannis Lazarou.

An established renewable energy developer in Greece, with 45 solar and wind projects under its belt developed with various global partners, is behind the remaining 155 MW and will advance the projects under a development service agreement signed with Kenlov. The name of that developer was not disclosed.

"Our ambition is to build out an operational portfolio in Greece of hundreds of megawatts in the coming years," Lazarou said.

In June, Kenlov’s global pipeline exceeded 3 GW with the addition of a fourth US project, 300-MW Rolling Sun solar PV facility in Bushland, Texas, developed by KARE, a joint venture between Kenlov and Ashtrom Renewable Energy.

Kenlov has appointed country managers elswhere in Europe with the aim of boosting local partnerships targeting a development pipeline across its key markets which include Italy, Spain and Serbia.

Choose your newsletter by Renewables Now. Join for free!