Curtailment, negative prices push Greek small- and medium-sized PV asset owners toward bankruptcy

AI Summary

Greek small- and medium-sized photovoltaic (PV) asset owners are facing bankruptcy due to ongoing negative wholesale electricity prices and weak demand. Despite having access to abundant solar resources, the lack of proper energy storage policies exacerbates their financial struggles.

Continuous negative and zero wholesale electricity prices, weak demand, and Greece’s inadequate energy storage policy are leaving small- and medium-sized PV investors exposed, despite abundant solar resources.