12 Apr '12, 6pm

Greece, Italy See Solar as Path to Economic Stability

Greece and Italy remain in deep fiscal trouble as both nations embark on uncertain paths to cut costs and rebuild struggling economies. Austerity measures pushed by leaders in both nations have created a fork in the road — should they invest in a burgeoning sector or should they abandon costly government programs? The two countries have vastly different solar portfolios. In Greece, it’s an industry that has barely gotten off the ground, but one that offers huge promise. In Italy, it’s a market that has achieved enormous growth, yet one that has raised significant concerns over its stability. So they come at this bridge from different directions. But in both cases, they see the solar industry as a key component of an economic revival. For Greece, this means investing in solar generation in a move that could make it a major energy player across Europe. For Italy, this will l...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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