French independent green energy operator Valorem has announced that seven of its solar projects totalling 300MW, located in Thessaly, have received Environmental Terms Approval (ETA) from the Greek Ministry of Energy and Environment.
These projects are part of a large-scale solar photovoltaic project that will be implemented in an area of 362 hectares, with a combined capacity of 360MW in the region of Larissa.
The Farsala solar energy complex will consist of 11 photovoltaics solar projects and will provide 550GWh of clean energy covering the needs of approximately 40,000 households.
The electricity produced from each PV project will be transferred via underground medium voltage lines to a new substation, which is also environmentally permitted and is proposed to be constructed by Valorem at Skotoussa, in Farsala Municipality.
This substation will serve the grid connection of all the projects the company is developing inside Farsala Municipality.
Thomas Stavrou, country manager for Greece of Valorem Group said: “Valorem, active in Greece since 2019 with its local subsidiary Ren Valorem Hellas, is strengthening its presence in the country and has a current REN portfolio of circa 700MW under development, intended to be implemented in close cooperation with local partners and communities.
“This environmental green light confirms Valorem’s position as a European Independent Power Producer, contributing to achieve Europe’s energy sovereignty and ensure a local, secured and stable priced green electricity supply.”