EU allocates €5 billion in guarantees to support 15 GW of renewables

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EU allocates €5 billion in guarantees to support 15 GW of renewables

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The European Union has launched the T-MED scheme allocating €5 billion in guarantees to support 15 GW of renewable energy projects across the Mediterranean. The initiative aims to mobilize €25 billion to boost public and private investments in renewable energy.

The EU has launched the T-MED scheme to mobilize €25 billion for around 15 GW of renewable energy projects across the Mediterranean, backed by over €5 billion in guarantees to unlock public and private investment. The post EU allocates €5 billion in guarantees to support 15 GW of renewables appeared first on pv magazine Global.

World Politics Markets Energy EU renewable energy T-MED scheme investment guarantees Mediterranean public investment private investment energy projects

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