Greece wind energy market may post lowest growth

Greece may post the lowest increase in wind energy capacity since 2004 this year as companies cut investments amid restrictive government policies, the Hellenic Wind Energy Association said.

Installed capacity rose by 45.05 megawatts in the first five months of the year to 1,793.4 megawatts, putting it on track for the lowest growth rate since 2004, the Athens-based association said today in an e-mailed statement. Capacity grew 7 percent in all of 2012 and by 24 percent in the previous year, the association said in January.