The European Commission has approved a €23 billion Italian state aid scheme to support renewable electricity generation.
The scheme will support onshore wind, solar, hydropower and sewage gas projects and is expected to add 37.15GW of capacity, the Commission said. The new capacity represents around 48% of Italy’s current renewable energy capacity, the Commission added.
“With this €23 billion scheme, Italy will support the production of renewable electricity from various technologies, such as onshore wind, solar or hydropower, to reach the goals of the Clean Industrial Deal,” said Teresa Ribera, executive vice-president for clean, just and competitive transition. “The scheme will also help Italy reduce its dependence on fossil fuels imports and enhance its renewable energy share.”