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Athens, Greece, March 14th, 2022 - Akuo, an independent global renewable energy power producer and developer, joins forces with Spyropoulos SA, a technical-commercial company with a leading position in the Greek market, to launch GEARS SA (Green Energy Aggregator Services), a new aggregator in Greece.

A new technology-based aggregator on the Hellenic Energy Exchange for renewable energy producers

GEARS SA is currently providing a turkey market representation solution for Greek RES producers. With detailed production forecasts and accesses on both spot and derivatives market, GEARS benefits from the strong expertise on market activities developed within Akuo and takes advantage of the latest developments in real-time data analytics and new algorithms to bring value to Greek RES producers. In addition, GEARS offers them monitoring, operation and maintenance services aiming to optimize assets performance.

First contracts signed

GEARS signed its first contracts and represent to the Hellenic Energy Exchange more than 55MW of various solar power plants located across Greece. Other assets are planned to integrate GEARS' Market Representation perimeter in the course of the first quarter of 2022.


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