ECONOMY

Solar farms on the rise

The record for the installation of renewable energy sources in Greece has been broken this year, with photovoltaic systems grabbing the lion?s share, according to data compiled by grid operator DESMIE.

Newly installed power from RES in the first 11 months of the year amounted to 613 megawatts, taking the total capacity to 2,337 MW at the end of November. This will likely reach up to 2,500 MW by the end of the year.

Photovoltaic installations more than doubled over the course of the year, as they soared from 153 MW at the end of 2010 to 400.25 MW at end-November.

There was little movement in other RES domains. For instance, the capacity of installed hydroelectrics remained unchanged for the fifth month in succession, at 205.33 MW.