The European Investment Bank and Greece this week signed a first-of-its-kind agreement to jointly manage €5 billion of investment concerned with the EU member state’s post-Covid recovery plan. The strategy has a key focus on green energy.
The national PV body in the country wants €1 billion from the EU’s recovery and resilience fund to be allocated to upgrading the electricity network to host more solar power generation capacity.
The polysilicon manufacturer says a lack of the raw material is causing a bottleneck for the industry but CEO has predicted it will be resolved as new production capacity comes online in the months ahead.
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