Schott Solar Expands in Greece

Greece offers excellent conditions for photovoltaic operations, with global irradiance levels between 1400 and 1700 kWh per m², said Schott Solar AG.

New policies on feed-in fees for solar power have also strengthened the Greek photovoltaic market by introducing guaranteed feed-in fees of 40–50% per kWh for 20 years and ending an annual 0.8 GW cap on new installations.

‘The Greek photovoltaic market is developing rapidly. Capacities of around 120 MW output were installed this year alone. We are expecting that figure to be in the region of 180 to 200 MW next year,’ said CEO Dr Martin Heming.

Schott Solar has been operating in Greece for more than 10 years. In 2004 the company collaborated with a local partner to install solar panels at Athens International Airport and also created the country’s then-largest roof-top array. At the beginning of next year the company will start work on a 2 MW project in the country.

‘Our medium-term objective is to attain a market share of between five and ten percent in Greece,’ said Heming

By enhancing its activities in Greece, Schott Solar is increasing its independence from the German market and pushing ahead with an internationalisation strategy, said the company.

The rapid growth of Germany’s PV installations has recently been recently highlighted as a threat to the country’s grid by Stephan Köhler, the head of DENA, the national energy agency. This has further fuelled expectation of a fall in the country’s feed-in solar tariffs.   

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