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METLEN and Tsakos Group Formalize Greece's Major Hybrid Energy Partnership

Friday, 10 July 2026/Source: Flashnews/1 min read

Greek energy company METLEN has formalized a partnership with the Tsakos Group to develop one of the largest hybrid renewable energy projects in Greece. The agreement marks the start of the implementation phase, with both companies joining a dedicated special purpose vehicle to move the project forward. The initiative combines multiple renewable sources, reflecting Greece's broader push to expand clean energy capacity. While the project location is not specified as Crete in the available text, large-scale renewable developments across Greece contribute to more stable electricity infrastructure on the islands. Visitors to Crete should not expect any immediate disruption or change to local services. The project represents a significant private investment in Greek green energy, part of the country's long-term transition away from fossil fuels.

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