A
              
            
            
              second positive surprise comes from the
            
            
              banking sector. Most banks in Greece
            
            
              now offer up to 100% financing for the
            
            
              installation of residential PV systems. It’s no won-
            
            
              der then why thousands of people applied for
            
            
              such systems.
            
            
              The situation was not as easy some time ago,
            
            
              and it is still not a piece of cake when it comes to
            
            
              bigger commercial PV systems, where bureau-
            
            
              cracy is still an issue and financing is hard to find.
            
            
              The first Greek PV legislation was introduced in
            
            
              2006, offering generous feed-in-tariffs (a premium
            
            
              for selling green electricity to the grid) and setting
            
            
              the details for the authorisation of PV systems.
            
            
              These authorisation processes were, nonethe-
            
            
              less, complicated and certain procedures were
            
            
              lengthy or even unnecessary. As a result, and
            
            
              despite good financial incentives, the Greek PV
            
            
              market has developed very slowly in the past few
            
            
              years, and thousands of applications have piled
            
            
              up, mainly due to the legal-administrative barriers
            
            
              imposed.
            
            
              The Greek PV sector has been very active in try-
            
            
              ing to convince the relevant decision-makers that a
            
            
              much simpler and effective framework is needed,
            
            
              in order to develop a healthy and robust market.
            
            
              New renewable energy legislation (Law
            
            
              3851/2010) was passed by the Greek Parliament
            
            
              in mid-2010, bringing important changes in the
            
            
              legal-administrative framework. Furthermore,
            
            
              there were some new Ministerial Decisions, which
            
            
              have lifted certain bureaucratic barriers.
            
            
              More specifically:
            
            
              
                •
              
            
            
              New applications for large PV systems can now
            
            
              be filed with the Regulatory Authority for Energy
            
            
              (such applications were previously frozen).
            
            
              
                Trade with Greece
              
            
            
              
                28
              
            
            
              
                Amidst an unprecedented financial crisis, the Greek gov-
              
            
            
              
                ernment has taken bold initiatives for the development
              
            
            
              
                of residential solar systems, offering not just generous
              
            
            
              
                financial incentives but also simplifying the authorisa-
              
            
            
              
                tion procedures. Any citizen who wants to install a solar
              
            
            
              
                system with a capacity of up to 10 kilowatts (kWp) on
              
            
            
              
                their roof can do so easily, simply by visiting the local
              
            
            
              
                electricity company office.
              
            
            
              The Greek photovoltaic
            
            
              market:
            
            
              a positive outlook
            
            
              
                
                  By Dr. Alexandros Zachariou,
                
              
            
            
              
                
                  President of the Hellenic Association of Photovoltaic Companies (HELAPCO)