Greece

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.

The island of Tilos in Greece’s Aegean Sea is going to host the country’s first renewable energy plus battery storage system. pv magazine explores why this is so significant for Greece.

Greece’s first virtual net-metering PV system is installed on the rooftop of a school in Thessaloniki, the country’s second biggest city. The system is funded by Greenpeace Greece but is not yet connected to the grid, as it is waiting for a ministerial decision facilitating virtual net metering.

The European Bank for Reconstruction and Development (EBRD) has announced a framework committing up to €300 million of new financing for Greece’s renewable energy sector. The timing is crucial, since the Greek electricity sector is expected to undergo fundamental changes very soon.

2016 was a bad year for Greece in terms of newly added PV installations, and this is not the only bad news. The country’s electricity sector is nearing disaster, following the government’s incompetent economic and electricity policies.

The Hong Kong based independent power producer today announced that it has entered into share purchase agreements with A.W Aktina Wind to sell all equity interests in 23 MW of solar projects from Sky Solar’s subsidiaries in Greece.

Renewable energy support policies at the national and European level are needed to reduce the cost of capital for solar PV and onshore wind projects in countries in the South East of European, according to an extensive study undertaken by Ecofys,

Greece will run its first renewable energy tender on 12 December. It is a pilot tender for a total capacity of at least 40 MW, which is reserved solely for solar PV projects.

Greece has published its latest net metering statistics. Where does that leave the country’s net metering PV market today, and what are the immediate business drivers?

Greece’s solar PV market has been a roller coaster over the last decade. The new law, approved last week by Greece’s parliament, in support of renewable energies attempts to establish the country’s clean energy sector with some solid foundations.