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POWER: Greece, EC & EIB Enter €5.6bn Fund to Reduce Fossil Fuel Dependence

POWER

Greece has partnered with the EC and the EIB to create a €5.6bn fund aimed at reducing fossil fuel dependence and energy costs on its tourism-dependent islands, it said, cited by Reuters.

  • The funds will help Greece mobilise power links, wind and solar projects as well as improve energy infrastructure like charging stations and hydroelectric reservoirs.

 

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Greece has partnered with the EC and the EIB to create a €5.6bn fund aimed at reducing fossil fuel dependence and energy costs on its tourism-dependent islands, it said, cited by Reuters.

  • The funds will help Greece mobilise power links, wind and solar projects as well as improve energy infrastructure like charging stations and hydroelectric reservoirs.