The Greek Ministry of the Environment submits the localization proposal of the photovoltaic system to the parliament
According to foreign media reports, the Greek Ministry of Environment has adopted the proposal for the localization of domestic photovoltaic systems and submitted it to the Greek Parliament. According to the proposal, project developers using locally-produced PV modules to build power plants can receive an additional 10% bonus on top of FiT.
In order to receive the "Made in the EU" award, 80% of the equipment in a PV power generation project must be produced in the EU or the European Economic Area (EEA members are three of the four EFTA members: Iceland, Liechtenstein and Norway (except Switzerland), and the 27 EU member states.
Metaxas & Associates, a firm that provides legal advice to Greek photovoltaic manufacturers, said the proposed localization requirements are in line with European State Aid Law and World Trade Organization law.
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