31 Jan '13, 5pm

Greece Sees Impressive Solar PV Growth Despite Banking Crisis

According to data compiled by the Hellenic Association of Photovoltaic Companies (HELAPCO), Greeks installed more than 900 MW of solar PV last year, bringing total installed capacity to more than 1,500 MW. Both in relative and absolute terms Greece has become a world leader in solar energy development. The country now ranks third in solar PV per capita worldwide, behind only Germany and Italy. Greece has now installed five times more solar PV per capita than the U.S. As in Germany and Italy, the world’s two largest markets for solar PV, Greece uses a system of feed-in tariffs. The Greek feed-in tariff program has revolutionized solar development in the country. Nearly one-fourth of all solar PV capacity in Greece has been installed in small rooftop systems. The solar association notes that rooftop systems, regardless of size, no longer require environmental permitting. Per...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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