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Amazon Expands Renewable Energy Footprint With Three New Projects In Greece

Amazon has announced a major investment in three new renewable energy initiatives across Greece, boosting its commitment to sustainable energy sources. These projects bring the total number of power purchase agreements (PPAs) Amazon has signed in the country to eight, aligning with the company’s broader climate goals as part of its Climate Pledge initiative. The pledge includes achieving net-zero carbon emissions across all its operations by 2040.

The latest projects, with a combined capacity of 657 MW of carbon-free energy, are expected to power around 330,000 households in Greece. Thanasis Patsakas, Country Manager for Greece at Amazon Web Services (AWS), stated, “Amazon is dedicated to driving the transition to carbon-free energy not just for our operations, but for the communities where we serve our customers. We’re proud to have secured eight wind and solar energy deals in Greece, positioning Amazon as the top corporate buyer of renewable energy in both Greece and Europe by 2024.”

Among the recent agreements are the Elzet solar farm and Menelou wind farm, both owned by Portugal’s Greenvolt. Located in Thessaly and Western Greece respectively, these projects are part of a broader strategy to bolster the region’s renewable energy capabilities. The Hellas Green solar farm, developed by Luxcara, adds to this momentum in Western Macedonia.

Minister of Environment and Energy, Theodoros Skylakakis, praised Amazon’s ongoing investments in Greece, highlighting the importance of renewable energy sources for the country’s energy transition. “Greece holds a natural advantage in renewable energy, and Amazon’s continued investment is a catalyst for achieving our national energy goals,” Skylakakis noted. “Such initiatives not only provide environmental benefits but also create new jobs and offer affordable electricity to local households.”

Looking ahead, Amazon has also committed to additional projects, including the Vermi wind farm in Macedonia and wind farms in Peloponnese’s Mesokorfi and Koukouras areas, which are expected to begin operations in 2026.

Genikes Insurance Wins Two Global Banking And Finance Awards

Genikes Insurance received two distinctions at the Global Banking and Finance Awards 2026, winning Best General Insurance Company in Cyprus and Best Insurance Website Cyprus. The awards reflect the company’s position within the Cypriot insurance market as well as its broader digital transformation strategy focused on expanding online services and improving customer experience.

Market Leadership And Digital Transformation

Genikes Insurance has invested in developing a more modern digital platform designed to simplify key insurance services, including policy issuance and online claims management. The company said the upgraded platform aims to improve efficiency and accessibility while strengthening its position within an increasingly competitive insurance sector.

Customer-Centric Approach

Commenting on the recognition, General Manager Christiana Agrotis said the company continues focusing on reliability, innovation and customer-focused services tailored to the needs of the Cypriot market. According to Agrotis, the recognition of the company’s digital platform also reflects the trust customers place in its services and broader insurance offering.

Technology-Driven Innovation

The updated website was designed to provide simpler navigation and improved access to insurance information and digital services. Company officials said the platform forms part of broader efforts to integrate technology more closely into customer service and operational processes. Genikes Insurance added that it remains focused on strengthening long-term customer relationships while continuing investments in digital capabilities and service development.

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