Greece solar container energy storage system Equipment Procurement

4 FAQs about Greece solar container energy storage system Equipment Procurement

How much is a feed-in tariff for a solar project in Greece?

The new law has also put an end to feed-in tariffs for solar projects up to 500 kW in size. Developers of such installations with the necessary licenses can sign contracts with Greece's Renewable Energy Sources Operator and sell the generated electricity in the electricity market at a feed-in tariff of €65.73 ($71.37)/MWh.

How many GW of solar capacity does Greece have?

Image: Sandia National Laboratories, Wikimedia Commons Since 2016, when Greece introduced its competitive auction framework for renewable energy and held its first PV tender, the country has awarded more than 2 GW of solar capacity.

Does Greece have a power auction policy?

This policy remains in place today, but at the end of April, the Greek parliament voted in a new law (Law 5106/2024) that allows the government to hold auctions for asset owners who are willing to accept higher power curtailment rates for their projects than usual, as well as installations that include energy storage systems.

How much does electricity cost in Greece?

Developers of such installations with the necessary licenses can sign contracts with Greece's Renewable Energy Sources Operator and sell the generated electricity in the electricity market at a feed-in tariff of €65.73 ($71.37)/MWh. Projects up to 1 MW in size for energy communities or farmers will get a feed-in tariff of €68.87/MWh.