Copelouzos Group through ELICA GROUP, is also active in the development of Hydroelectric Projects in Greece and the Balkans. The mountainous terrain of Greece, combined with rain and snow, create beneficial conditions for the development and operation of hydropower plants.
The company has significant experience in the valuation of hydrological conditions, design, feasibility studies, environmental data analysis, cost analysis, time planning, project management, construction and operation of hydro plants.
Two projects have already been constructed and set into operation: the first in Inachos river, on the site «Perivoli» of the municipality of Sperchiada, near the city of Lamia, with an installed capacity of 4.5 MW and the second in Glafkos river in the prefecture of Achaia, with an installed capacity of 5.5 MW.
Moreover, subsidiary companies of the Group gather and analyze hydrological data from many regions of Greece and Bulgaria in order to develop new projects.