Renewables

Mitsotakis: Greece set to boost solar power share to 10% in 2022

Mitsotakis Greece solar power share 10 2022

Photo: Prime Minister's Office

Published

November 21, 2022

Country

Comments

comments icon

0

Share

Published:

November 21, 2022

Country:

Comments:

comments icon

0

Share

“The energy transition must continue and it is continuing. As much as for the protection of the environment as for the reasons of energy security,” Greece’s Prime Minister Kyriakos Mitsotakis said and stressed that last year his country has achieved the highest share of solar energy in total gross electricity consumption in Europe.

In a Facebook post, Prime Minister Kyriakos Mitsotakis said that after introducing a mechanism to recover excess revenue from power producers, a similar system is about to be rolled out for electricity suppliers. In his words, Greece is a pioneer on a European level in such efforts, aimed at mitigating the impact of the energy crisis. The proceeds are channeled to the national energy transition fund for subsidizing energy bills.

“The energy transition must continue and it is continuing. As much as for the protection of the environment as for the reasons of energy security,” Mitsotakis underscored. He noted that Greece has reached 8.8% last year in the share of solar energy in gross electricity consumption.

The prime minister said it was the highest level in Europe and added that it is expected to hit 10% in 2022. The data was earlier published by the Hellenic Association of Photovoltaic Companies (HELAPCO).

Furthermore, Mitsotakis stressed that the total new solar power capacity is seen at 1.34 GW for the current year, pointing out that the target for the first nine months was exceeded. It would translate to a combined cumulative level since 2010 of just below 5.5 GW. Total cumulative capacity is set to climb to between 7.3 GW and 7.8 GW next year.

The share of photovoltaics in total electricity production has reached 14.2%.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Greece DEPA Commercial financing 816 MW solar power portfolio

Greece’s DEPA Commercial obtains financing for 816 MW solar power portfolio

26 July 2024 - State-controlled DEPA Commercial received a EUR 390 million loan from the EIB for photovoltaic projects across Greece

serbia energy cooperative solar power plant elektropionir

First cooperative solar power plants in Serbia start production

26 July 2024 - The income from the sale of electricity will be used for projects proposed by the communities of the villages on the Stara planina mountain

faria renewables mykonos solar power plant

Faria Renewables acquires 35 MW Mykonos solar project

26 July 2024 - Faria Renewables S.A. has announced the integration of photovoltaic project Mykonos into its asset portfolio

Ameresco Sunel Energy 560 MW solar power Greece Lightsource bp

Ameresco Sunel Energy starts building 560 MW solar power plant in Greece for Lightsource bp

26 July 2024 - Ameresco Sunel Energy is the contractor in Lightsource bp's solar power project of 560 MW in peak capacity, in the central part of Greece