As a follow-up to the newsletter below, this is a short update in relation to a very recent amendment to Law 220/2008 for the establishment of a promotion system for producing energy from renewable sources (“Law 220/2008”).
A new emergency government ordinance (n0. 79/26 June 2013) was published in the Official Gazette on Saturday, 29 June 2013 amending, inter alia, Law 220/2008. This new emergency government ordinance amends the provision referring to the photovoltaic power plants located on agricultural land at a certain date and which do not benefit from the promotion scheme (please see Section 1, paragraph 1.1 in our newsletter below). Thus, the deadline of 1 July 2013 was extended to 31 December 2013. Consequently, only the power produced in photovoltaic plants which, as at 31 December 2013 will be within the agricultural circuit, will not benefit from the support scheme.
We hope this information is useful.