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Recently, the European Investment Bank is providing a loan of 24 million euros for two onshore wind farms in northern Greece
.
The investment will support Terna Energy Group in building and operating 44.
4 MW of renewable energy projects
.
The two projects will contain 22 turbines
at altitudes of more than 1,400 meters.
Last year, Terna secured a similar loan to develop 48.
6 megawatts of wind power
near Athens.
As of 2016, Greece gets 15% of its energy from renewable sources, with a goal of reaching 18%
by 2020.
The loan is part of the European Investment Program and has successfully boosted economic activity
across the EU.
The plan has exceeded its original target, which was to mobilize 315 billion euros in the last three years
.
The initiative is currently creating 1.
4 million jobs and boosting the EU's GDP by 1.
3%
by 2020.
"We have followed developments in the Greek energy sector and stand ready to intervene in reasonable projects
that meet our standards and respond to EU energy policy," said the EIB's vice president for Greece.
”
He added, "The World Bank is particularly committed to financing green energy projects across the alliance, and EFSI (European Fund for Strategic Investment) allows us to do more
.
" This project is exactly one of the operations
that the European Investment Program is designed to support.
”
The European Commission's economic president said, "Greece will stand firm after it withdrew from the stabilization support program on August 20
.
" But the European Commission will continue to be on its side, including financial support
.
The project is a concrete example
of how it plans to help modernize Greece's energy infrastructure and support growth and job creation.
”
:/, please indicate the source for reprinting)
Recently, the European Investment Bank is providing a loan of 24 million euros for two onshore wind farms in northern Greece
.
The investment will support Terna Energy Group in building and operating 44.
4 MW of renewable energy projects
.
The two projects will contain 22 turbines
at altitudes of more than 1,400 meters.
Last year, Terna secured a similar loan to develop 48.
6 megawatts of wind power
near Athens.
As of 2016, Greece gets 15% of its energy from renewable sources, with a goal of reaching 18%
by 2020.
The loan is part of the European Investment Program and has successfully boosted economic activity
across the EU.
The plan has exceeded its original target, which was to mobilize 315 billion euros in the last three years
.
The initiative is currently creating 1.
4 million jobs and boosting the EU's GDP by 1.
3%
by 2020.
"We have followed developments in the Greek energy sector and stand ready to intervene in reasonable projects
that meet our standards and respond to EU energy policy," said the EIB's vice president for Greece.
”
He added, "The World Bank is particularly committed to financing green energy projects across the alliance, and EFSI (European Fund for Strategic Investment) allows us to do more
.
" This project is exactly one of the operations
that the European Investment Program is designed to support.
”
The European Commission's economic president said, "Greece will stand firm after it withdrew from the stabilization support program on August 20
.
" But the European Commission will continue to be on its side, including financial support
.
The project is a concrete example
of how it plans to help modernize Greece's energy infrastructure and support growth and job creation.
”
:/, please indicate the source for reprinting)
/