Investments in energy and storage expected to reach €22 billion in Greece by 2030

Leaders in energy businesses underlined on Friday the strong prospects Greece has as an energy leader in the greater region and provided more insights into what that entailed in terms of requirements, at the Delphi Economic Forum VIII taking place in the emblematic central Greek city since Wednesday, ANA reports.

Greece will need 22 billion euros in investments for renewable energy sources (RES) and networks by 2030, something the banking sector thinks is feasible, Piraeus Bank Chief of Corporate & Investment Banking Theodore Tzouros said. As he pointed out, banks have already funded the sector with 8-10 billion euros in the past 7 years, despite those years “not being the best” in terms of the economy. Of the 22 billion, he said RES expected investments are estimated at 15 billion euros and those of networks at 7 billion euros.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Slaunger 

+ posts

Subscribe to our Newsletter

Follow Us

NEWS FEED

Visit Vavoulas Website
Amaronda Hotel — Book Online