German solar company Schott solar are in the process of installing a 17MW PV project with their Greek EPC partner Environ. The joint venture has already connected 10MW to the grid and has plans for further installations, totalling 7MW, across Greece. The project, one of the largest in Greece, is being financed by major European and Greek banks.
Five of the largest systems already constructed by the partnership feature approx. 35,000 PV modules and provide a total capacity of around 8MW.
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“We intend to extend our relationship even further in the future,” commented Alexandros Xylouris, Environ’s CFO, “Our goal is to get a leading share on the Greek photovoltaic market and we’ve found an ideal partner in SCHOTT Solar,” he added.
Since the introduction of the Greek FiT scheme in 2006 the Greek solar market has seen encouraging growth. As of August 2011 solar installations exceeding 100kW will receive €0.35 cents per kWh. It is hoped that the new role Greece is playing in the PV industry will help to create jobs and stimulate the struggling economy.