The cumulative installed capacity in the Greece power market was 21.4 GW in 2021. The market is expected to grow at a CAGR of more than 4% during the forecast period. The Greece Government launched Feed-in Tariff (FiT) program in 2006. The FiT scheme was instrumental in rapid increase of solar PV deployment in the country. Due to a financial crisis and increasing deficit in the renewable energy support special account, the government introduced retroactive FiT cuts in 2014 for all existing solar PV, wind, small hydro and combined heat and power (CHP) installations. https://www.globaldata.com/sto....re/report/greece-pow
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