Greece: 234 MW of new PV capacity in February; renewable energy reform announced

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According to LAGIE, the Greek electricity market operator, Greece installed 221 MW of new ground-mounted photovoltaic projects and 13 MW of rooftop installations in February, thus taking the country’s cumulative capacity to 2.070 GW.

A high figure of new PV installations was anticipated on the back of the announcement of new, lower photovoltaic tariffs, which came into effect on March 11. As such, projects completed later than this date will receive the new FITs introduced last August, even if they were licensed under the old FIT regime.

Today’s report also bears some relatively good news regarding the deficit of LAGIE’s Renewable Energy Sources (RES) Fund, which is used to pay renewable energy producers in Greece. According to today’s data the deficit at the end of February was €301.7 million, down from €317.56 million at the end of January.

Cumulative photovoltaic capacity in the main electricity system, LAGIE’s report says, will reach 2.591 GW and 2.825 GW at the end of 2013 and 2014, respectively.

Greek, German, EU cooperation

In other news, the Greek Ministry of Environment, Energy and Climate Change (YPEKA), the German Federal Ministry for the Environment, Nature Conservation, and Nuclear Safety (BMU) and the EU Commission’s Task Force for Greece have signed a joint declaration of intent aimed at reforming Greece’s Renewable Energy Sources (RES) sector.

Cooperation will take the form of technical advisory assistance in a two-phase program during 2013-15. The program includes the study of the technological costs of renewable energy, creating collaborations within the EU Directive on renewable energy and the implementation of best practices in supporting mechanism of RES.

Edited by Becky Beetz.

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