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RENEWABLE ENERGY

Taking advantage of our technical capability in infrastructure projects and following the current trends in energy market, we make carefully planned investments in Renewable Energy projects. Our activity is expanding in the following three areas:

    A) Wind energy: the enormous wind potential of Greece, the maturity of wind technology and recent passed legislation contribute to a dynamic business environment in wind farm projects. DOMOKAT S.A. is currently developing a 10,4MW wind farm with an option of expanding to 20MW, in Peloponnesus. Operation is expected to commence on September 2008th.

    B) Solar energy: similar reasons, as mentioned above, form an ideal frame for the development of solar energy parks. DOMOKAT is currently developing solar parks of 5MW in central and south Greece.

    C) Biodiesel: European Union with the directive 2003/30/EK, established the use of bio-fuels, having as ultimate purpose the gradual withdrawal from petrol of all its countries members. Biodiesel is produced by vegetable of animal greases and oils and can be used alone as well as blended with diesel oil, in dieselmotors. Using biodiesel, reduces total number of particles of emited smoke, and thus the quality and quantity of the fumes is improved. DOMOKAT S.A. is developing a biodiesel production unit in North Greece of annual productivity of 20.000tn. Operation of this unit is expected in October 2007.

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