Israeli company Kenlov Renewable Energy has entered the Greek clean power market, with a 378MW pipeline of wind and solar development projects currently in the process of securing power production licenses.
The pipeline spans nine projects, three of which – totalling 223MW – will be developed by Kenlov’s growing in-house team under the leadership of newly appointed Greece country manager Giannis Lazarou.
The remaining 155MW have been originated by an established unnamed renewable energy developer in Greece, which will also take the projects forward under a development service agreement signed with Kenlov.
Kenlov Renewable Energy chief operating officer Yehuda Halevy said: “The rapid progress we’ve made in Greece is testament to Kenlov’s ability to originate quality projects and engage with skilful local partners in a densely competitive landscape.
“We congratulate Giannis and his team on setting the standard for the continued expansion of Kenlov’s pipeline in Europe and the US.”
Lazarou said: “I joined the team at Kenlov to help establish a new IPP with a significant global portfolio.
“We’ve come a long way in a few short months and that bodes very well indeed for the future. Our ambition is to build out an operational portfolio in Greece of hundreds of megawatts in the coming years.”