Greece Solar Spot I is one of EstatePartners’ solar energy projects in Greece and comprises approximately 7 MWp of solar capacity. The investment round was completed in 2024 and was fully subscribed.

The project is part of EstatePartners' activities in the Greek energy market, where we have gained experience in recent years in the development, construction, and management of solar power plants.

Production and Billing

The solar power plant generates electricity for the Greek power grid. The project's financial model is based on the sale of the electricity generated, as well as the feed-in tariff and subsidy program that applies to the plant.

The Greek electricity market has evolved significantly since the project was launched. A major expansion of solar and wind capacity has, among other things, led to several periods of low or negative electricity prices, as well as increased curtailment.

EstatePartner therefore continuously monitors the market, regulations, and opportunities to optimize the project's operations.

An Evolving Energy System

At the same time, developments in the Greek market underscore the need for greater flexibility in the energy system. Battery storage could, in the long term, become an important tool for shifting production from hours of high solar generation to hours when demand and the value of electricity are higher.

EstatePartner is therefore continuously exploring opportunities to combine existing solar power generation with battery storage and other forms of optimization wherever the technical, regulatory, and economic conditions make it feasible.

Some of EstatePartners' experience in Greece

Greece Solar Spot I is now part of EstatePartners’ existing portfolio and has provided valuable experience from a rapidly changing energy market.

The lessons learned from our solar projects are incorporated into our ongoing work, which includes both the operation of existing facilities and the development of new solutions in the fields of solar energy and battery storage.