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 Reference No : #SP-110
Location :
Greece :: Central Greece
Category :
Business
Solar parks investment Greece, Photovoltaic is an option for a profitable and secure investment appropriate located in a country where the sun shines 310 days a year! |
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A bright future offers this solar park already operating, generating power of 5,5MW.
The plants will result in very strong revenue, in fact a 12% return of the investment before taxes.
Some facts
- Greece's energy market is at the forefront of transformative changes which are attracting investors from around the globe. With Greece emerging as the energy hub of Southeast Europe, deregulation in the production, transmission, and distribution of electricity and energy supplies, and an aggressive drive for renewable sources to play a major role in energy supply, the country is at the centre of significant growth opportunities.
- One of the core components of Greece's energy profile will be solar, or photovoltaic, energy. Greece has a superb sun radiation capacity and it is estimated that one third of Greece's energy requirements could be met with solar. Experts believe that the market will grow impressively and have a value of more than 4 billion Euros in just a few years.
- Greece is encouraging the development of solar thermal energy and a number of small- and mid-size companies have invested in this sector. As a result, today's capacity in installed PVs has reached 198MW and is expected to reach 2.200MW by 2020.
Investors are discovering the high potential solar has in the Greek market. During the summer months, when radiation is at its peak, Greece has a huge increase in demand due to the influx of millions of tourists. In addition, there is a growing energy need in rural areas and islands as these areas develop. And state agencies, industry, and many hotels have shown a strong willingness to use photovoltaic energy.
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