×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Friday
24
Apr 2026
weather symbol
Athens 10°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Greek shipping ‘giant’ Tsakos to invest 500 mln euros in Greece in solar park project

The reports state that this large green investment in Greece will be implemented in collaboration with the German energy solutions company MAN

Newsroom November 3 04:21

The Tsakos family is making an impressive opening in the field of Renewable Energy Sources (RES) in Greece, as it plans to invest an estimated half a billion euros in a mega photovoltaic park in the area of ​​Domokos, in Thessaly, central Greece with a capacity of 251,904 MW.

According to reports, the project will be about 500 MW, with the total investment estimated to approach 500 million euros.

The opening of the Tsakos family in the field of RES has been confirmed by the head of the Tsakos Energy Navigation (TEN) Dr. Nikolaos Tsakos. In a recent interview, referring to the need to protect the planet, he spoke about the shift to RES and the projects implemented by the Group in South America (where the Tsakos family owns large areas of land) and Europe, with an emphasis on photovoltaics.

“All of our top clients invest in R&D in the field, so it makes sense for us as part of the chain to look at similar opportunities. We are investing in photovoltaics, being investors in perhaps one of the largest photovoltaic projects in Europe”, he said.

The reports state that this large green investment in Greece will be implemented in collaboration with the German energy solutions company MAN, while it also combines the use of innovative energy storage technology.

Specifically, the project is run by the company “Energy Hyperion SA”, which submitted the relevant application in December 2020 for the issuance of a certificate of electricity producer from a photovoltaic station to the Greek Regulatory Authority for Energy (RAE), with an installed capacity of 251.904 MW and a maximum production capacity of 251.904 MW at the location of Achladia of the Municipal Unit of Domokos Fthiotida. Last June, an application was submitted to amend the Producer Certificate regarding the extension of the boundaries of the photovoltaic station installation site, which was approved by RAE on October 26th.

TEN Ltd. is one of the largest independent transporters of energy in the world owning a versatile fleet of modern crude and product tankers with strong ice-class capabilities, shuttle tankers, and liquefied natural gas (“LNG”) vessels. Ever since its inception TEN Ltd. has had an exceptional record of growth. Leveraging over 50 years of expertise of the Group, the Company has established a solid reputation as an experienced and efficient operator of well-maintained tankers, who proactively meet customers’ energy-transportation requirements globally.

Nikos Tsakos was recently honoured in New York with the award of the most successful businessman in Shipping in the context of the 27th International Maritime Hall of Fame Awards.

>Related articles

The State will participate in the share capital increase of PPC

An investment program of €1.3 billion at Athens International Airport “Eleftherios Venizelos” – New connectivity record with 164 destinations in 55 countries, via 70 airlines

Motor Oil: Profits, strong dividend, and new €220 million investment cycle amid geopolitical uncertainty

also read

Greek model Sofia Harmanda and Hollywood star Gerard Buttler break up

USA: A woman caught a 272 kg tuna fish all by herself! (video)

Ask me anything

Explore related questions

#investment#photovoltaics#Renewable Energy Sources#shipping magnate#solar park#Tsakos
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

The 6 Best Listening Bars in Athens

April 23, 2026

Analysis: The end of illusions about Ukraine – The €90 billion EU loan means the war with Russia…is only now beginning

April 23, 2026

“Greece is giving lessons in fiscal policy”: Italian newspaper praises Kyriakos Mitsotakis’ strategy

April 23, 2026

Russia threatens European countries, including Greece, over hosting French nuclear-capable bombers

April 23, 2026

Mitsotakis to Breitbart: I can guarantee that Trump will have a very good time in Greece – We hope he will manage to reach an agreement with Iran

April 23, 2026

A headless marble statue of the goddess Athena was discovered in Turkey (video-photos)

April 23, 2026

The State will participate in the share capital increase of PPC

April 23, 2026

Public Power Corporation (PPC): Mega share capital increase of €4 billion

April 23, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα