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The following projects are taking place in Greece and in Europe.
IP’s CEO has been the entrepreneur of the IPM Be’er Tuvia Power Station, a prestigious energy project which supplies electricity to the Israeli energy market.
A micro-grid system in a commercial office asset, combining Solar PV, CHP, EV charging stations and Storage.
Amsterdam’s largest rooftop PV project, including a CHP system, heat pumps and EV charging stations.
Mixed-use asset, featuring a Solar roof-top system, CHP, new gas boilers (replacing old oil boilers) and EV charging stations
The JEPA SOLAR partnership is a 70 MWp solar power PV portfolio comprised of seven PV projects in Central Greece. The portfolio is being developed jointly with JEPA SOLAR, a leading Greek developer.
The JEPA SOLAR partnership will develop the following seven sites:
Ipsoma – 10MWp
Gimnokorfes– 10MWp
Alepotripes – 10MWp
Koukousouli – 10MWp
Ag.Sostis – 10MWp
Patoma Sinoro – 10MWp
Fotini – 10MWp
The projects are currently in the permitting phase and are expected to reach ready-to-build status in Q4 2026. The JEPA projects strive to support the Greek market in its transition to a more sustainable future.
IP has partnered with the IFESTOS GROUP, to develop several midsize biomass-fueled electrical power plants in Greece, Cyprus. IFESTOS is a leading Greek boiler manufacturer and thermal energy systems developer, originally established in 1926 as a boiler and pressure vessel manufacturer in Thessaloniki (HEPHAESTUS BOILER MAKERS & ENGINEERING), and currently operating as a multinational group of 100%-owned companies across Europe, dealing as EPC contractor of energy projects in the food & beverage, paper, pharmaceutical, district heating, and electricity sectors.
The objective of the partnership to construct approximately ten such biomass-fueled powerplants in Greece, Cyprus, or elsewhere, stand-alone or within or adjacent to the premises of thermal energy consuming host companies, providing cheaper, sustainable, and clean thermal energy solutions to such host companies, and at the same time electricity to the grid. This dual-track solution offers superior economics, while simultaneously generating green electricity and reducing industrial GHG emissions.
IP is involved in the development of a planned combined-cycle gas turbine (CCGT) plant, to be in the industrial zone of Larissa, Thessaly, Greece. The plant has a projected capacity of 870 MW/845MW net and is expected to be the most efficient CCGT plant in Greece upon commissioning. The project is considered an instrumental project for the state, facilitating the transition to renewable energy, and providing base-load power to support grid stability.
The project is currently in the permitting phase and is expected to reach ready-to-build status by year-end, at which point construction will commence. The plant is expected to go live in Q4 2024.