1. Cero Development Hellas received approval to enhance its Dristello solar power plant in Greece with a 749MWh battery storage system.
2. The battery storage system will have a high nominal battery availability of 95% and a depth of discharge of 711MWh.
3. Cero Development Hellas also has plans for a 269MW solar power plant with a 406MWh battery storage unit in Malandrino, Dorida, and acquired full ownership of Nara Solar, a Madrid-based company focusing on solar energy projects in Europe.
Cero Development Hellas, a subsidiary of Macquarie’s Cero Generation, has been approved to enhance its Dristello solar power plant in central Greece with a 749MWh battery energy storage system. The plant, located in the municipalities of Domokos and Stylida, will have a high nominal battery availability of 95% and a depth of discharge of 711MWh. The system is designed to operate without drawing power from the grid, providing sustainable energy solutions.
Established by the Green Investment Group, Cero Development operates across eight European countries and is involved in various renewable energy projects. In addition to the Dristello solar power plant, the company is also constructing the Delphini photovoltaic project in Drama, valued at €60m. The company’s investment portfolio in Greece further includes plans for a 269MW solar power plant in Malandrino, Dorida, along with a 406MWh battery storage unit.
In July 2023, Cero Generation acquired full ownership of Nara Solar, a Madrid-based company focusing on utility-scale solar energy projects in Europe. This acquisition allows Cero to expand its presence and control in the solar energy market, strengthening its position in the renewable energy sector. The company’s commitment to sustainable energy solutions aligns with global efforts to combat climate change and promote clean energy alternatives.