Greece’s green energy divide: Renewable switch polarizes opinions [Video]

In April, Brussels approved special funding for Greece, over a billion dollars, for two new solar energy projects. But some are worried about how that money will be spent, while some politicians say a billion dollars is a small price to pay.

“If you look at the current situation in the market, the largest right now battery in Europe has the capacity of 250MW,” said New Democracy MEP candidate Orestis Omran.

“250MW is practically what one solar park can produce in Greece. Every year. And now we’re talking about the entire EU. So you need to see the upgrade in terms of storage and how much that will cost you. And you can find it with European funds. It would be best if you bought in from the private sector. You need the investment from the private sector,” he added.

The state aid funds the European Commission approved for Greece …