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The European Commission said on Wednesday it had approved a 2.
27 billion euro aid package proposed by Greece to boost renewable energy generation
.
The EU's executive agency said the measure would help Greece meet its renewable energy targets without unduly distorting competition
.
Greece aims to increase the share of renewables in final electricity consumption to 61% by 2030 from 29% last year, hoping to shorten its licensing process to about two to three years
.
Greece's new plan to support 4.
5 GW of installed capacity from onshore wind, photovoltaic, biomass, hydropower and other renewables includes joint competitive tenders and direct awards
.
The European Commission said on Wednesday it had approved a 2.
27 billion euro aid package proposed by Greece to boost renewable energy generation
.
The EU's executive agency said the measure would help Greece meet its renewable energy targets without unduly distorting competition
.
Greece aims to increase the share of renewables in final electricity consumption to 61% by 2030 from 29% last year, hoping to shorten its licensing process to about two to three years
.
Greece's new plan to support 4.
5 GW of installed capacity from onshore wind, photovoltaic, biomass, hydropower and other renewables includes joint competitive tenders and direct awards
.