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Image Source : Energyinfra market Screenshot 2024 04 19 081415

Italy's 20-Year Plan: €35.3B for Renewable Energy Boost

Last Update 05 June 2024

The European Commission has approved Italy's state aid scheme, totaling €35.3b over 20 years, aimed at boosting RE. Financed by a consumer levy, it targets a reduction in carbon emissions, supporting innovative technologies like geothermal, offshore wind, biogas, and biomass. The scheme will add nearly 4.9 GW of renewable capacity, using a contract-for-difference model for electricity production.

Also Read Europe's Wind Energy Projects Tracker 2030 | Eninrac Reports

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2023

Foundation laid for 630 MW solar project in MP's Chhatarpur district.

BIS Unveils New Standards to Boost Electric Vehicle Safety and Quality

Adani Total Gas initiates production at a biogas plant in Uttar Pradesh

ATF price reduced by 4%, and commercial LPG rate lowered by ₹1.5 per cylinder

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