German Official Pours Cold Water On Greek Solar Dream

German Official Pours Cold Water On Greek Solar Dream
A Exceptional GERMAN Approved DAMPENED GREEK HOPES OF Dealings Serious QUANTITIES OF Planetary Limitation TO GERMANY, Motto BERLIN WOULD Improve ITS OWN RENEWABLE Kick Production In the past In the same way as ANY IMPORTS.

Sun-baked Greece outlive see unveiled a plan to be selected for Europe's solar energy powerhouse, attracting up to 20 billion euros of investment in the decades to expound to move up its recession-hit economy and work on cut its fine charge.

"Point Helios", named as soon as the Greek god of the sun, involves handing better pomp land to investors to proliferation Greek solar power production by about 50 time, from 206 megawatts (MW) in 2010 to 2.2 gigawatts (GW) by 2020 and up to 10 GW by 2050.

Greece hopes to split furthermost of this to worthy European countries, diligently Germany which strategy to supersede its nuclear power talent with renewable energy sources.

But Germany desires to first develop its own solar talent back as any imports, proxy energy minister Juergen Becker told a conference in Athens.

"We can't take away imports of electricity from renewables as anything additional than a caring very good to the improvement of our own renewable opportunity," Becker intended.

Importing solar power may be selected for an expectation for Germany in the longer run, but Berlin did not sue for Helios to supersede Germany's improvement, he told a panel deliberate concerning Greek Kick Minister George Papaconstantinou and EU Kick Symbolic Guenther Oettinger.

In the past commerce any electricity to Germany, Greece would excessively need to drastically cut the routine prices it pays solar power producers disconsolate to the German level, which is nowadays partial that of Greece, Becker intended.

Dealings to Germany at Greek prices "would set (energy) reparation for (German) trade sharp... any fiscal be with from Germany (for Greece) would cargo space to expound from other sources," intended Becker.

Germany has precisely cut its own routine prices to solar power producers to stem a back copy of solar power projects that were stimulated by a remaining, additional respectable set of subsidies.

Greece regards clean energy as one of the few positives in its uncompetitive economy, which is separation down in the dumps its profile and deepest postwar downward spiral as a expand of a charge drawback.

The cash-strapped ceremonial desires new investors to finance Helios, which includes leasing state land, compensate for of any executive or sensible burdens, to investors to install solar panels.

Planetary power accounts for reasonable a minor facial expression of Greece's electricity production. Renewables, mostly wind, nowadays sheathe about 8 percent of perfect power sort in Greece. (Newspaper journalism by Trouble Papachristou; Editing by Helen Massy-Beresford)

SOURCE: http://www.reuters.com/article/2012/04/03/greece-germany-solar-idUSL6E8F31T820120403