New PV Regulations Set by Greek Parliament
The Greek Parliament this week introduced a new version of its solar photovoltaic (PV) regulations, which includes the country's feed-in tariff, amending the legislation originally voted on and passed in mid-2006.The new regulations abolish the unofficial cap of 800 megawatts that was set by previous decisions on the amount of applications that could be accepted.
The reforms include guaranteed feed-in tariffs of 40 to 50 cents per kilowatt hour over 20 years. “The amendment to the law has come at the right time. It is not yet too late for Greece to join the European photovoltaics boom – and in so doing secure both environmental and economic benefits,” according to Peter Thiele, Executive Vice President of Sharp Energy Solution Europe (SESE).