Chinese firms sign solar power deals in Greece

"The cooperation in solar energy in Greece has a brilliant future, because Greece is very advantageous in solar energy and sunshining," said Zhang Yujing, head of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME).

Chinese energy group Dongfang, based in Chengdu, has signed a deal with Greek firm DTS, for a long-term strategic cooperation on two solar power projects, said the Greek group’s chairman Vassilis Dritsas

The first solar energy project is to produce 250 megawatts and the second is for 750 megawatts, Dritsas added, for a total 2.5 billion euros ($3.7 billion).

A separate deal was signed between SinoSolar, which has already landed seven projects in Europe, and Fyllo Energy for the production of 110 megawatts of electricity for a 35 million euros investment, said SinoSolar executive Xin Ma.