Greece Ranks Second Globally in Photovoltaic Energy Production

Greece Ranks Second Globally in Photovoltaic Energy Production

Photovoltaic energy covered 7.0 pct of electricity energy demand in Greece last year, ranking the country second globally in photovoltaic energy production for the third successive year, the Federation of Photovoltaic Companies said in a report released on Wednesday.
However, changes in the institutional framework (price cuts in energy purchases from the system) and the introduction of capital controls led to a drastic reduction of new installations during 2015, falling to 10.3 MW, from 912 MW in 2012, 1,043 MW in 2013 and 17 MW in 2014. Power capacity of photovoltaic units in Greece surpassed 2,600 MW in 2015, of which half came from low-power units (up to 100 kW), mostly photovoltaic units installed on rooftops.

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