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GreeceBusinessGreece rated second worldwide in incorporating solar photovoltaic technologies for electricity production

Greece rated second worldwide in incorporating solar photovoltaic technologies for electricity production

Hellenic News of America
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Greece is rated second globally in terms of incorporating solar photovoltaic (PV) technologies in its electrical power output, according to a report by the International Energy Agency (IEA), it was reported on Saturday.

In the list of countries with highest PV penetration, Spain comes first with 19.1%, followed by Greece at 17.5 %, Chile at 17% and the Netherlands and Australia at over 15%, followed by several other countries.

According to IEA’s report -which examines the production potential of existing PV units in relation to total demand (not actual production)- the penetration of PV average at the end of 2022 in the EU was 8.7% and the international average 6.2%.

Investments in production units as well as in transmission and distribution networks have led to an increasing penetration of green energy in the country’s energy mix, as indicated in the Hellenic Electricity Distribution Network Operator’s (HEDNO) 2022 figures, which show that HEDNO quadrupled the power of RES activated in the distribution network, compared to 2019.

The full report, titled ‘Snapshot of Global PV Markets 2023’, is available in English at https://iea-pvps.org/wp-content/uploads/2023/04/IEA_PVPS_Snapshot_2023.pdf

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SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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