Greek researchers hit new efficiency landmark for single-junction OPV cells
While intriguing, OPV technology has yet to achieve the commercial efficiency yield to be a serious competitor. Research institutes and companies worldwide are exploring compound and manufacturing methods as organic PV yields rise.
Greece to tender 300 MW of PV in July
Greece’s tender-based policy scheme for the support of renewable energies is maturing. After running a pilot tender in 2016, the country will tender 300 MW of solar PV power and 300 MW of wind power projects on July 2.
2018 pivotal year for Greek energy, new PV auctions planned
2018 is going to be a pivotal year for Greece’s energy sector, including in renewables. An auction for new solar PV plants is expected to attract global attention; however other changes currently underway are also expected to be effective for the long term development of the Greek PV industry.
Greece installs its first large-scale solar under new, auction-based scheme
Greece has installed 8.6 MW of new large-scale solar PV capacity under its new policy framework. These are the first large-scale solar PV installations in the country since 2015.
Virtual net metering in Greece at risk from EU reform
The European Council’s response to proposed European Commission reforms suggests that rules supportive of virtual net metering could be scrapped after pressure from Germany.
SPI Energy buys 7.4 MW of solar in northern Greece
SP Orange Power, a subsidiary of the Chinese SPI Energy, has entered an agreement to purchase 100% of three different solar companies in Greece that own 7.4 MW of PV capacity.
Greece’s PV restart: Hellenic Petroleum secures financing for at least 8.6 MW
Greece’s Hellenic Petroleum has secured financing to develop 190 MW of combined solar PV and wind power capacity in Greece. The company was awarded 8.6 MW of PV capacity in Greece’s inaugural renewable energy tender in December 2016.
Greece’s PPC utility targets 550 MW of new solar
Greece’s incumbent utility, the Public Power Corporation (PPC) has announced a target for new solar PV projects. The move, while justified, may come too late to save the PPC, which is trying to reduce its reliance on lignite and avoid bankruptcy.
Sky Solar posts $3 million net profit in 2016
Net income hit $3.3 million in the 12 months to the end of December, from a net loss of $1.6 million a year earlier, although the Hong Kong-based PV independent power producer recorded a net loss of $8.7 million in the fourth quarter, from $7.4 million in the final three months of 2015.
Greece applies virtual net metering
Greece’s environment and energy minister has approved the country’s virtual net metering provisions. This is a policy step towards the right direction, however it is not expected to have a significant effect on Greece’s PV installations any time soon.
