The European Commission has approved a EUR 350 million grant to support Portugal’s development of renewable energy sources. This funding targets companies that manufacture solar panels, wind turbines, heat pumps, and other critical equipment for clean energy production. The grant aims to accelerate Portugal’s progress towards its goal of achieving 85% renewable electricity by the end of the decade. Portugal has shown progress in clean energy, achieving a weekend powered by renewables in November 2023 and commissioning its second solar-wind hybrid project.
EU boosts Portugal’s green push with EUR 350 million grant
European Commission has approved EUR 350 million funding to support Portugal’s renewable energy sector. (Image Credit: Pixabay)
The 312 MW solar projects span multiple Japanese regions and boost Nozomi Energy’s portfolio to 750 MW. (Image Source: Actis)
Emeren sold its 2.8 MW solar project in Maine to Altus Power, completing the transfer through sale and operation handover. (Image credit/Source: KindelMedia/Pexels)
A 1.14 MW solar farm in Novo Selo, North Macedonia, featuring Huawei inverters with over 90% efficiency. (Image Credit/Source:SolarEnergy/Pixabay)
Grenergy sold 23% of Oasis de Atacama, including 451 MW solar and 2.5 GWh storage, generating 1.3 TWh annually. (Image Credit/Source: SolarPanal355/Pixabay)