GREECE – 10 MW in photovoltaic energy – under development

The growth of the renewable energy sector (RES) in Greece is ensured by legally binding targets of total energy produced. The most significant instrument supporting all renewable energy sources in Greece is the feed-in tariff, which is differentiated according to the various technologies.

With high levels of sun exposure, the solar photovoltaic market is expected to be one of the most important elements of the country’s renewable energy profile. In fact, it is estimated that one third of the country’s energy consumption could be met with the help of solar energy.

In Greece, the producer of renewable energy benefits of priority connection to the grid and also of the most economically and technically suitable solution. The grid operator is obliged to purchase, pay for and transmit all electricity generated by RES systems. Taking advantage of the favorable conditions in the country, Renovatio’ s local team in Greece is focusing on developing a pipeline of 10 MW of photovoltaic projects, which will add value to the Group’s overall presence on the market.