Greece expects $27b solar energy Project Helios

Papaconstantinou said he plans to sign a pact with European Union officials and renewable energy companies that will help deliver Project Helios, named after the Greek god of the sun, which envisions luring foreign investors to install as many as 10 gigawatts of solar panels in Greece.

“I have spoken with three German ministers now on the project as well as with the EU, and I’m optimistic we can get a framework agreement by the end of the year,” Greek Energy Minister Papaconstantinou said in an interview in Athens Friday.