Greek PV Association responds to FIT reports

Share

The Panhellenic Photovoltaic Association (PASYF) issued a press release expressing its total opposition to the above mentioned possibility as such measures only increase the investment uncertainty, without bringing along any positive effect, especially during a period of severe financial instability.

According to the analysis provided by its Legal Advisors, “Metaxas & Associates” Law Firm, the Association questioned the legality of such possible measures that would have a retroactive effect on existing contracts with the System Operator.

Furthermore, the imposition of any additional tax measures with retroactive effect would result to energy market deregulation. PASYF claims that such measures in combination with the liquidity problems of the System Operator would lead to a severe financial disaster for the existing PV producers’ as well as render any new investments in the future almost impossible.