06 Sep '11, 10am

Solar power offers a ray of hope to stricken Greek economy - Business Green

Renewable energy could play a significant role in helping Greece to recover from the deepest recession it has faced in decades, following the publication of a new national plan designed to deliver a 10-fold increase in solar energy capacity by 2020. Energy minister George Papaconstantinou yesterday presented the so-called Project Helios initiative at an energy conference in Hamburg, Germany, predicting the country's solar industry could attract €20bn of investment over the coming decades. FURTHER READING DuPont faces battle over solar paste patent Industry: Solar electricity to undercut coal in parts of Europe by 2013 According to Reuters , Papaconstantinou suggested Greece has the potential to become a leading player in the fast-expanding global solar market, given it enjoys 300 days of sunshine a year – almost 50 per cent more sunshine than the world's current largest so...

Full article: http://www.businessgreen.com/bg/news/2106827/solar-power-...

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[Daily Blog Reads] power play - Saw this on tumblr and this is exactly how I feel at the moment... Hogwarts on Fire....

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