BMI View: Reflecting the wider European trend of cuts in feed-in-tariffs and scaling back on renewables, especially the solar PV sector, we maintain our view that the Greek government will revise down FITs again in 2013. The government will not issue new permits for solar PVs until a new strategy is in place for the sector and the deficit of the operator of the electricity market (LAGIE) is cleared. We have revised down our forecasts for wind and solar for 2013 and 2014, and tentatively put an increase in place from 2015 onwards, though the capacity that has already flooded …
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