EC clears EUR-150m renewables, energy storage scheme in Slovenia

The European Commission (EC) on Friday approved, under EU state aid rules, a EUR-150-million (USD 161m) scheme in Slovenia that aims to support the expansion of renewable energy, heat and energy storage.

The programme will provide direct grants of up to EUR 25 million per beneficiary to speed up investments in renewable energy production and energy storage. Aid will be provided no later than December 31, 2025.

The EC said that the measure aligns with the Green Deal Industrial Plan and supports the implementation of the REPower EU Plan. It found that the scheme is in line with the conditions set out in the new state aid Temporary Crisis and Transition Framework adopted by the Commission in March to facilitate measures accelerating the green transition and reducing the reliance on fossil fuels.

(EUR 1 = USD 1.074)

Choose your newsletter by Renewables Now. Join for free!