Clouds Over Chania

We enjoyed a heavy rain shower or two around Chania today, with some dramatic, and beautiful, clouds.

Click on a picture to start the slide show

Solar power offers a ray of hope to stricken Greek economy

Project Helios aims to attract €20bn of investment to the country's solar industry

Renewable energy could play a significant role in helping Greece to recover from the deepest recession it has faced in decades, following the publication of a new national plan designed to deliver a 10-fold increase in solar energy capacity by 2020.

Energy minister George Papaconstantinou presented the so-called Project Helios initiative at an energy conference in Hamburg, Germany on Tuesday, predicting the country's solar industry could attract €20bn of investment over the coming decades.

Greece already boasts 206MW of solar capacity, but is now aiming to increase capacity to 2,200MW by 2020, rising to 10,000MW by 2050.

The government hopes the plan could attract up to €20bn of investment and help establish the country as a net exporter of solar power that assists other countries in meeting their EU renewables targets.

Article continues at source: Business Green