Energy Minister George Papaconstantinou said Greece is expected to be signed by the end of this year amounted to 20 billion euros worth of solar power project agreement.
Papaconstantinou said that he plans to EU officials and renewable energy company signed an agreement to help the Greek "sun god" the smooth implementation of the project, which aims to attract foreign investors in Greece reached a total of 10GW of installed solar power projects.
Papaconstantinou Friday in Greece said in an interview: "I have three on the matter with the German ministers and EU officials held talks, solar water heater I believe we can end the signing of a framework agreement."
This week, Germany's Minister of Energy Philipp Roesler a visit to Greece, and on Friday with the Greek Development Minister Michalis Chrysohoidis will help Greece to implement a series of economic structural reform measures signed memorandum of understanding. Greece's "Apollo" project aims to revitalize the domestic economic recession, the country's 2011 gross domestic product will fall by 5%.
German Finance Minister Wolfgang Sch?uble (Wolfgang Schaeuble) suggested that Greece should seize the degree of solar radiation and strong domestic and European subsidies to higher photovoltaic favorable to actively develop renewable energy.
Germany's solar collector largest solar panel manufacturer Solarworld AG CEO FrankAsbeck said, "Apollo" project needs to invest 200 million euros, the European solar industry will contribute 5% of the remaining part will be to raise the European Union.
Last month, three Greek government said it would speed up the total value of EUR 1 billion solar power project approval procedures, including the development by the Public Power Corp.SA 200MW power plant, Solar Cells Hellas Group is responsible for the 131MW project and the 127MW solar Silcio SA power generation projects.
According to Bloomberg New Energy Finance forecasts released this year, Greece's new PV capacity will be 600MW, four times in 2010. PV Business Association, according to the Greek (Hellenic Associationof Photovoltaic Companies) said the new PV capacity in August this year, more than 200MW.
Greek feed-in tariff subsidies, 35-40 euro cents per kWh, the amount of subsidies to Germany 21-29 cents range.