Featured in Top 10 PV trends that defined 2020 – 12-2020

New EU financing mechanism set to boost PV investments

A new EU framework designed to incentivize cross-border renewables financing could help accelerate the roll-out of solar PV projects across Europe. However, investors are awaiting more clarity about how the system will work in practice.

By

Andreas Walstad

07 Dec 2020

Image: Silver Karmin

The EU has launched a new mechanism aimed at incentivizing cooperation between member states in accelerating the roll-out of renewable energy projects.The new rules – effective from the beginning of 2021 – will allow EU member states to meet their renewables targets as outlined in their National Energy and Climate Plans (NECPs) by investing in …

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