EU announces €3bn boost for renewables

The European Union has announced nearly €3bn in backing for renewables projects across the continent via the Modernisation Fund. Investments will support the upgrading of energy systems, reducing greenhouse gas emissions, and improving efficiency. This is the largest disbursement to date via the Modernisation Fund, bringing the total spending to €12.65bn since January 2021. The projects focus on renewable electricity generation, deployment of renewable energy sources, energy networks modernisation, and energy efficiency.

Source:

https://renews.biz/94036/eu-announces-3bn-boost-for-renewables/

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