TERNA ENERGY continues its dynamic growth, targeting 6 gigawatts (GW) of renewable energy capacity by 2029

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About
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TERNA ENERGY is committed to sustainable development and the priority that green energy has in achieving a sustainable world. We consider that energy is the key driver for the development of our society and we are committed in building a sustainable energy future for the world by increasing the use of Renewable Energy Sources.

TERNA ENERGY aims to establishing a competitive position in the RES projects’ chain, from development to energy production, building a strong position in a portfolio of technologies, with a strong presence in Greece and abroad.

The company’s priorities are the following:

  • To significantly expand the installed capacity.
  • Further strengthening its leadership position in Greece and expanding its international presence.
  • Holding a diversified portfolio of technologies, maintaining a strong position in wind and expanding in solar, hydro and biomass.
  • Exploiting the GROUP’s competencies in the RES value chain by gaining experience in areas such as sub-marine energy transmission cable laying, pumped energy storage and batteries.

In June 2024, Masdar, the UAE’s dean energy leader, reached a definitive agreement with GEK TERNA SA and other shareholders of TERNA ENERGY SA to acquire initially 70% of the company’s outstanding shares.