Greece hides great investment treasures and investments in Energy could be of great ROI as Greece is located at the crossroads between East and West. The ample availability of renewable energy potential (wind, hydro, biomass, geothermal, solar & solar thermal) combined with ongoing large-scale infrastructure projects involving Greece (TAP-IGB-EastMed Gas Pipelines, oil exploration) show that Greece will be a key player in the formulation of the EU energy mix and will provide significant investment opportunities in all energy industries.
Due to its climate conditions (Greece enjoys more than 250 days of sunshine—or 3,000 hours of sun—a year, and has a strong wind capacity), the country possesses significant untapped generation potential –particularly in renewables. The wind resources in Greece are among the most attractive for energy production in Europe, with a profile of more than 8 meters/second and/or 2,500 wind hours in many parts of the country.
Also, Greece possesses substantial mineral wealth, consisting of a variety of minerals and ores with a strong industrial market interest. The Greek mining/metallurgical industry is an important sector of economic activity in the country. It accounts for approximately 4% of GDP, with the inclusion of interrelated enterprises such as quarrying, processing, and production of intermediate and final products. It supplies essential raw materials to industries such as cement, energy production, non-ferrous metals (aluminum, nickel). The estimated sales of the country’s mineral industry and basic metallurgies reach almost 2.1 billion Euros.