Notis Mitarakis, the Greek Deputy Minister of Development, Competitiveness, Infrastructure, Transport and Networks revealed at a press conference last week a list of five photovoltaic projects that have granted by the state the so-called "fast track" status. Once completed, these projects will have a total capacity of 724.162 MW.
Mitarakis told the journalists that "in the coming months we will have the first positive signs from promoting large investment [in Greece]". He accepted that "the Greek legislative framework remains quite complicated" with the issue of co-responsibilities between different governmental agencies being the most significant obstacle. For this reason, the deputy minister added, the Greek Government is now working on a new bill which establishes a General Licensing Directory and which will come into force over the new few months.
However, Mitarakis claimed, licensing is not the reason if any "Fast Track" project is not moving at the moment; "any delays are to do with the ability of the investor in this liquidity environment."
Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc