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Home » Finance » European Commission Greenlights Italy and Hungary’s Renewable Energy Aid Schemes
Finance

European Commission Greenlights Italy and Hungary’s Renewable Energy Aid Schemes

By Philip BrooksNovember 26, 20232 Mins Read
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The European Commission (EC) has granted approval to Italy and Hungary for their respective renewable energy aid schemes, signaling a significant step in advancing clean energy initiatives within the European Union. Italy's scheme, supported by the Recovery and Resilience Facility (RRF), involves the allocation of €5.7 billion ($6.2 billion) to bolster renewable energy communities and

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Climate Electricity Europe European Union Finance Funding Hungary Italy Renewable energy REPowerEU
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