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Greek Ministry of Environment presents proposal for indigenization of PV system to Parliament
2012-03-23
According to foreign media reports, the Greek Ministry of Environment has adopted the domestic photovoltaic system localization requirements of the proposal, and submitted to the Greek Parliament. According to the proposal, project developers using locally produced photovoltaic modules to build power stations can receive an additional 10% reward on top of FiT.
In order to receive the "Made in EU" award, 80% of the equipment in the photovoltaic power generation project must be produced in the EU or the European Economic Area (EEA is three of the four EFTA members: Iceland, Liechtenstein and Norway (except Switzerland), and 27 EU member states.
Metaxas & Associates, a firm that advises Greek photovoltaic manufacturers, said the proposed localization requirements were in line with the European State Aid Act (EuropeanStateAidLaw) and World Trade Organization law.
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