October 1, 2025
by in News

Corinth Pipeworks commissions Greece’s biggest industrial rooftop PV system

Steel pipe manufacturer Corinth Pipeworks has put into operation a 7.1 MW photovoltaic facility on its plant in the Thisvi Industrial Area. It is the largest industrial rooftop PV system in Greece, the company said.

A steel pipe factory northwest of Athens will cover an estimated 25% of its electricity needs with its new solar power plant, generating some 10 GWh per year. Corinth Pipeworks (CPW) revealed that it has commissioned the 7.1 MW system, pointing out it is the largest industrial rooftop photovoltaic facility in Greece.

The company, owned by Cenergy Holdings, conducted the endeavor under an ESCO scheme. The project was entirely designed and implemented by Survey Digital Photovoltaics. It was financed by investment firm Sirec Energy and Survey Digital Photovoltaics, in collaboration with Piraeus Bank.

Under the terms of the 10-year lease, the system will be transferred at no cost to Corinth Pipeworks. The behind-the-meter PV plant is for own consumption, injecting no electricity into the high-voltage grid.

Corinth Pipeworks surpassed its 2025 target of sourcing 80% of its energy consumption from renewables

The facility spans almost six hectares on two factories, at a height of ten meters. It consists of 12,000 solar panels.

With the photovoltaic plant and a power purchase agreement (PPA) for a wind farm, CPW surpassed its 2025 target of sourcing 80% of its energy consumption from renewables. The company’s portfolio includes pipes for hydrogen pipelines.

“This choice carries particular significance, as it comes from an organization with both the technical capacity to develop the photovoltaic system and manage the generated energy, as well as the financial capacity to finance the investment independently. Yet, it chose to move forward in collaboration with us and Survey Digital Photovoltaics, recognizing the value of strategic partnership,” said Vice President of Sirec Energy Vangelis Bardis.

A subsidiary of Viohalco, Belgium-based Cenergy Holdings also controls Hellenic Cables, which manufactures power and telecommunications cables.

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August 20, 2025
by in News

CWP Europe invests in rooftop solar plant for Henkel Serbia

In partnership with Resalta, CWP Europe led the investment in a rooftop photovoltaic system of 6 MW in peak capacity in Kruševac in Serbia. They completed the project under an innovative ESCO model, contributing to the decarbonization efforts of the manufacturer of detergents and other chemical products.

CWP Europe has successfully completed and commissioned a rooftop solar power plant for Henkel Serbia’s facility in Kruševac. The facility has 6 MW in peak capacity. Developed in partnership with Resalta and financed by UniCreditBank, the project was realized under an innovative ESCO (energy services company) model, with CWP Europe as the key investor.

Now fully operational, the photovoltaic plant is producing an estimated 6,278 MWh of green electricity annually, meeting 21% of the facility’s total energy consumption. The solar power plant will ensure optimal performance for the next 15 years.

The new PV system’s operations prevent an equivalent of 5,857 tons of carbon dioxide emissions per year, according to the update.

Special investment in distributed generation segment

While CWP Europe’s core focus remains on large-scale renewable energy assets across the region, this rooftop project represents a targeted engagement in the distributed generation space – undertaken to support a leading industrial partner in advancing its decarbonization and sustainability objectives.

With a proven track record in developing impactful renewable energy projects, the company is proud to have brought its expertise and investment capacity to a project that sets a new benchmark for industrial decarbonization in Serbia, the statement reads.

CWP Europe has more than 10 GW in its project pipeline

CWP Europe is a leading renewable energy project development company in Southeast Europe. Over the past 17 years, CWP has invested in sustainable development and the energy transition, successfully developing the largest wind farms in the region including the largest wind farm in Europe – the 600 MW Fântânele-Cogealac project in Romania.

It is currently developing over 10 GW of renewable energy project capacity. CWP Europe is a joint venture between CWP Global, a leading global renewable energy company, and Mercuria Energy Trading, one of the world’s largest independent energy traders, with over USD 140 billion in revenue.

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August 19, 2025
by in News

CWP Europe completes rooftop PV plant for Henkel Serbia

In partnership with Resalta, CWP Europe led the investment in a rooftop photovoltaic system of 6 MW in peak capacity in Kruševac in Serbia. They completed the project under an innovative ESCO model, contributing to the decarbonization efforts of the manufacturer of detergents and other chemical products.

CWP Europe has successfully completed and commissioned a rooftop solar power plant for Henkel Serbia’s facility in Kruševac. The facility has 6 MW in peak capacity. Developed in partnership with Resalta and financed by UniCreditBank, the project was realized under an innovative ESCO (energy services company) model, with CWP Europe as the key investor.

Now fully operational, the photovoltaic plant is producing an estimated 6,278 MWh of green electricity annually, meeting 21% of the facility’s total energy consumption. The solar power plant will ensure optimal performance for the next 15 years.

The new PV system’s operations prevent an equivalent of 5,857 tons of carbon dioxide emissions per year, according to the update.

Special investment in distributed generation segment

While CWP Europe’s core focus remains on large-scale renewable energy assets across the region, this rooftop project represents a targeted engagement in the distributed generation space – undertaken to support a leading industrial partner in advancing its decarbonization and sustainability objectives.

With a proven track record in developing impactful renewable energy projects, the company is proud to have brought its expertise and investment capacity to a project that sets a new benchmark for industrial decarbonization in Serbia, the statement reads.

CWP Europe has more than 10 GW in its project pipeline

CWP Europe is a leading renewable energy project development company in Southeast Europe. Over the past 17 years, CWP has invested in sustainable development and the energy transition, successfully developing the largest wind farms in the region including the largest wind farm in Europe – the 600 MW Fântânele-Cogealac project in Romania.

It is currently developing over 10 GW of renewable energy project capacity. CWP Europe is a joint venture between CWP Global, a leading global renewable energy company, and Mercuria Energy Trading, one of the world’s largest independent energy traders, with over USD 140 billion in revenue.

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