Austria aims to cover all electricity consumption from renewables by 2030
The lower house of the Austrian parliament has adopted a bill aimed at ensuring that all electricity consumption is covered from renewables by 2030.
Italy’s first renewable energy community set up in Magliano Alpi
Italy’s first renewable energy community (REC) has been established in the small northern town of Magliano Alpi.
Italy enables homeowners to install PV systems for free
The Italian government has raised the so-called eco-bonus for photovoltaic (PV) installations and storage systems from 50% to 110%, effectively enabling homeowners to install PV systems at no cost. The higher subsidies are part of measures to bolster the country’s economy amid the COVID-19 crisis. Under the new provisions, the eco-bonus will be applied to […]
Contracts signed for solar power plants of 21 MW in N. Macedonia
North Macedonia’s government has signed contracts with 23 investors for the construction of solar power plants of 21 MW in total on private land in 16 municipalities. Investors will also get feed-in premiums. The tendering procedure for photovoltaic installations on private land, backed by feed-in premiums, was published last year. The first round of tendering […]
Turkey set to boost renewables capacity to 63 GW by 2024, rank 5th in Europe
Turkey is expected to become the 5th biggest renewable energy country in Europe by 2024, and the 11th in the world, with a projected 50% increase in installed renewables capacity, driven mainly by new solar power installations. Turkey is expected to add nearly 21 GW to its overall renewable energy capacity between 2019 and 2024, […]
Four systemic Greek banks join EUR 650 million sustainable infrastructure program – EIB
The European Investment Bank (EIB) has confirmed in a press release involvement of four systemic Greek banks in a new EUR 650 million green infrastructure investment program. Confirmation of the involvement of the four systemic Greek banks – Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank – will enable EUR 650 million for […]
Piraeus Bank joins EUR 650 million EIB green infrastructure investment program
Piraeus Bank has agreed to support a new EUR 650 million infrastructure investment program developed by the Hellenic Ministry of Development and Investments and the European Investment Bank (EIB). Piraeus is the second leading Greek bank to confirm participation with the scheme, after the National Bank of Greece. Piraeus Bank will identify and invest in […]
