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sumisom | Ideas

Crisis Solution?

Greece has been struggling to get out from under its heavy debt crisis for more than a year now, and the government is looking for any opportunity to slash debt and increase revenues. Their new plan? Solar power. The government wants Greece to become Europe’s leading solar power producer.

Renewable energy could be one field where Greece could have a big advantage, especially with the generous amounts of sun the country gets. The government’s new plan, called “Project Helios,” would see Greece’s solar power production multiply from 206 megawatts in 2010 to 2.2 gigawatts by 2020. Right now, Germany is Europe’s leader in photovoltaics, but Greece’s energy minister says his country actually gets 50% more sun. And he also said that if the plan is successful, Greece could help the rest of Europe meet its renewable energy targets by 2020.

So clean energy might be a way to fight debt crises across Europe and elsewhere…


September 5, 2011



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