Solar Power

In contrast to photovoltaic panels, which directly convert solar radiation to electricity, solar power plants exploit solar energy to warm a liquid (usually oil or water), which vaporizes to operate a steam turbine, thus producing electricity. Solar power plants require high levels of direct solar radiation, which is only abundant in subtropical climates; in Greece the best areas are Crete, Rhodes and the southern Peloponnese.

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From an entrepreneurial point of view, various solar power plant technologies are available, such as parabolic concave mirrors, solar towers and solar disks, which can be used for:

  • heating;
  • district heating;
  • electricity generation.

Large solar power plants are characterized by the fact that the heat produced can be stored and that solar energy can be exploited even during the night.

At a domestic level, solar systems can be used for:

  • heating and
  • the production of hot water.

Advantages - Environmental Benefits

Each kWh produced by solar systems, and therefore not conventional fuels, implies the avoidance of carbon dioxide emissions into the atmosphere.

Institutional Framework

RES legislation (Law 3851/2010) has established specific sale prices for electricity produced by solar power plants, which are guaranteed for 25 years.

For information about solar parks and solar systems in general, interested parties can contact the Ministry of Environment, Energy and Climate Change (RES department) and CRES. As regards the applications and the licensing procedure for solar power plants, investors should contact the RAE.