January 21, 2009 | 2 Comments
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 PV law sets a deadline for issuing permits for all PV projects currently in line. By the end of 2009, all applications that have been submitted so far, more than 3 gigawatts (GW), must be dealt with and approved or rejected. The new regulations also abolish the unofficial cap of 800 megawatts that was set by previous decisions on the amount of applications that could be accepted.
Under the new law, there will be a separate program for rooftop PV with different feed-in-tariffs (FIT) guaranteed for 20 years. Details of this program will be announced later this year.
New feed-in-tariffs (FITs) have also been set. These tariffs are guaranteed for 20 years. FITs will be adjusted annually for inflation (25% of last year's Consumer Price Index). FITs will remain unchanged for the next two years. There will be a regression in the level of the FITs starting in August 2010. A complete table of the Greek tariff levels can be seen below.
New Greek Feed-in Tariff Levels for Solar PV (€/MWh)
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