Greece

Manufacturer Sunlight plans to invest €30 million to add 1.3 GWh of annual production capacity of lead-acid products by the third quarter of next year. The company will also devote €20 million to expanding its lithium-ion battery assembly lines.

The latest global PV industry outlook published by trade group SolarPower Europe, has indicated tight supply of the solar panel raw material is expected to persist this year but the trade body said it would be unlikely to drive further price rises.

The Greek Ministry of the Environment and Energy has signed a memorandum of understanding with a clutch of private companies to turn the small Aegean island of Halki green as a demonstration of the effectiveness of its planned GR-Eco Islands Initiative.

Electricity bill payers in nations as diverse as Germany, Greece, India and China should be aware new solar projects can now generate electricity cheaper for them than legacy coal and gas-fired plants.

An array of new investment plans were announced in Greece in May, ranging from mega PV projects to battery and electric vehicle production, as well as a move to smart green islands. pv magazine explores the state of these investments and links them to the country’s general policy frameworks – most notably, Greece’s master plan to boost green investments in former lignite regions and establish a new type of economy.

Developer Terna Energy claims the Amphilochia pumped hydroelectric energy storage project has entered the final stretch. If built, the large scale facility can boost Greece’s independence from fossil fuels and the government’s strategy for a coal-free electricity system by 2025.

The investment has been planned as part of the nation’s recovery and resilience plan to access EU funds for its post-Covid economic stimulus package. The spending plans of Portugal and Greece have also been approved by the European Commission in the last 48 hours.

Greece’s energy storage sector is heating up, with the government confirming plans to publish an energy storage policy framework and hold tenders for 700 MW of battery storage.

The proposed technique is based on radiative cooling and consists of a glass coating made with a two-dimensional subwavelength nanostructured grating, which is imprinted in soda-lime glass and has enhanced mid-infrared emissivity, and a micro-structured grating. The temperature decrease provided by the nano-micro-grating coating was found to be approximately up to 5.8 degrees Celsius.

The U.K.-based solar developer has joined forces with Portugal’s Insun to build solar parks totaling 1.35 GW over the next five years. In Greece, it wants to build another 640 MW in partnership with Kiefer TEK.