Greece’s PM plans to develop US$27 billion Helios solar project

According to a report from newnet and Bloomberg, Lucas Papademos, Greece’s Prime Minister, announced plans to develop the US$27 billion Helios solar project, citing renewable energy as a priority for the economically challenged country. Papademos advised that he looks to the plant as being a way to help Greece’s economy prosper while exporting clean energy. The Helios project aims to install up to 10GW of solar panels by 2050.

Papademos commented, “In the last few years, talk has centred on Greece’s fiscal discipline. But fiscal harmonisation isn’t enough for development. The energy sector gives Greece an opportunity to become a hub for the European Union and third countries.”

The solar project will feature a long-term cooperation agreement between Greece and other EU member states. However, Guggenheim Partners, an advisor to the Greek government, noted that the project will need to draw both industry and financial investors for its successful completion.

Newsletter

Preview Latest
Subscribe
We won't share your details - promise!

Publications

  • Photovoltaics International 23rd Edition

    This issue of Photovoltaics International, our 23rd, offers key insights into some of the technologies that are ready to move from lab to fab in support of these goals. ISC Konstanz offer a glimpse of what the low-cost, high-efficiency solar cells of the future might look like. On page 35 the institute’s authors give an overview of what they call Konstanz’ “technology zoo”, encompassing their so-called BiSoN, PELICAN and ZEBRA cell concepts, all of which are aimed at increasing energy yield at the lowest possible cost.

  • Manufacturing The Solar Future: The 2013 Production Annual

    In the ever-changing global solar markets, cost reduction and measures to increase cell efficiencies are the key tools available to PV manufacturers to create new opportunities and drive your business to the next level. Manufacturing the Solar Future 2013 is the third in the Photovoltaics International PV Production Annual series, delivering the next instalment of in-depth technical manufacturing information on PV production processes designed to help you gain the competitive edge.

Partners

Acknowledgements

Solar Media