Work with the Sun for a clear future

The sun has produced energy for billions of years. Solar energy is the sun's rays (solar radiation) that reach the earth. This energy can be converted into heat and electricity.

Solar energy can be used for heat and electricity

When converted to thermal energy, solar energy can be used to heat water for use in homes, buildings, or swimming pools; to heat spaces inside homes, greenhouses, and other buildings; and to heat fluids to high temperatures to operate a turbine to generate electricitySolar energy can be converted to electricity in two ways:

• Photovoltaic (PV devices) or solar cells change sunlight directly into electricity. Individual PV cells are grouped into panels and arrays of panels that can be used in a wide variety of applications ranging from single small cells that charge calculator and watch batteries, to systems that power single homes, to large power plants covering many acres.

• Solar thermal/electric power plants generate electricity by concentrating solar energy to heat a fluid and produce steam that is then used to power a generator.

There are two main benefits of solar energy:

• Solar energy systems do not produce air pollutants or carbon dioxide.

• When located on buildings, solar energy systems have minimal impact on the environment.


There are two main limitations of solar energy:

• The amount of sunlight that arrives at the earth's surface is not constant. It varies depending on location, time of day, time of year, and weather conditions.

• Because the sun doesn't deliver that much energy to any one place at any one time, a large surface area is required to collect the energy at a useful rate.

• Solar energy is sunshine

The amount of solar energy that the earth receives each day is many times greater than the total amount of energy consumed around the world. However, solar energy is a variable and intermittent energy source. The amount and intensity of sunlight varies by location, and weather and climate conditions affect its availability on a daily and seasonal basis. The type and size of a solar energy collection and conversion system determines how much of available solar energy can be converted to useful energy.

Concentrating collectors

Concentrating solar power technologies use mirrors to reflect and concentrate sunlight onto receivers that collect solar energy and convert it to heat. This thermal energy can then be used to produce high temperature heat or electricity via a steam turbine or heat engine driving a generator.


Photovoltaic systems

Photovoltaic cells (PV) convert sunlight directly into electricity. Photovoltaic systems can range from those that provide tiny amounts of power for watches and calculators up to those that provide the amount used by hundreds of homes.

Hundreds of thousands of houses and buildings around the world have PV systems on their roofs. Many multi-megawatt (MW) PV power plants have also been built. Covering 4% of the world's desert areas with photovoltaics could supply the equivalent of all of the world's electricity. The Gobi Desert alone could supply almost all of the world's total electricity demand.

AXA Solar Energy  is a member of AXA Power Energy Group and was incorporated in 2009.


The first solar park entered into operation in 2009, with an installed capacity of 250 Kwp. In the following years, the installed capacity of our solar parks increased rapidly as we continued to expand our solar park portfolio in Greece.


In 2010, we began exploring opportunities in RES markets abroad, identifying suitable sites for solar projects principally in the Balkans.



 In 2011 we have make 13,4 Mwp and under construction 85,2 Mwp for the next 2 years.



In 2012 we compleet under to 28,7 Mwp and continue to make for next time 166,24 Mwp.



Since 2013 AXA Solar Energy  has been operating solar parks in Bulgaria and Romania. We have finished 44,67 Mwp and under construction 356,59 Mwp in Greece, Balkan and Africa.