Friday, January 21, 2011

Greece announces €600m solar project

Financial Times
January 21, 2011

Greece’s prime minister has announced a €600m project to build on a brownfield site what would be the world’s largest photovoltaic solar power installation.

George Papandreou’s government is trying to promote green investment, especially in renewables, to help pull the country out of the deepest recession on record.

“This photovoltaic park is a defining project in our drive to change the Greek development model and attract innovative investment,” Mr Papandreou said of the scheme in the north of the country.

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