Greece Expects $27 Billion Solar Plan to Advance by Year-End
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Greece’s Energy Minister George Papaconstantinou said he expects an agreement by the end of the year that will advance a 20 billion-euro ($27 billion) solar power project, part of an initiative to boost the economy.
Papaconstantinou said he plans to sign a pact with European Union officials and renewable energy companies that will help deliver Project Helios, named after the Greek god of the sun, which envisions luring foreign investors to install as many as 10 gigawatts of solar panels in Greece.