Send to Kindle
With the aim to bolster renewable energy infrastructure, the European Commission has greenlit funding of 1 billion euros for two key projects in Greece, as reported by the Greek newspaper Kathimerini.
The approval of financing underscores the EU's commitment to advancing sustainable energy initiatives and aligning with ambitious decarbonization targets. The projects, known as Phaethon and Seli, are poised to play a pivotal role in Greece's transition towards climate neutrality and reducing dependence on imported fossil fuels.
The Phaethon and Seli initiatives are integral components of Greece's strategy under the European Green Deal, aimed at fostering the growth of renewable energy production and storage capabilities. The allocated funds will facilitate the construction of photovoltaic units and energy storage facilities, laying the groundwork for a more sustainable energy landscape in the country.
Anticipated to be completed by mid-2025, both projects hold promise for bolstering Greece's renewable energy capacity and contributing to the broader EU efforts in combatting climate change. By harnessing solar power and investing in energy storage solutions, Greece stands to diversify its energy portfolio and reduce carbon emissions significantly.
The European Commission's endorsement of the funding underscores the importance of investing in renewable energy infrastructure to achieve long-term environmental sustainability and energy security.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgarian boxing, having secured two titles and a combined 11 medals, now looks towards the Olympic Games after its strong showing at the European Championships in Belgrade, Serbia
In a decisive statement, Greek Prime Minister Kyriakos Mitsotakis affirmed that Greece will not be supplying Ukraine with either Patriot or S-300 air defense systems
A dire situation looms over European airspace as thousands of passenger planes, predominantly ferrying tourists, find themselves ensnared in a perilous web of Russian jamming attacks, leaving them disoriented and vulnerable mid-flight.
A nationwide strike in Greece has brought the country's transport networks to a standstill, affecting railways, ferries, buses, taxis, and more
In a bold move to amplify their demands for higher wages and better working conditions, journalists across Greece have embarked on a 24-hour strike, effectively halting news broadcasts for the duration
In a demonstration of solidarity and protest against the government's economic policies, media workers across Greece have initiated a 24-hour strike, aligning themselves with the call for protests issued by labor unions
Chinese President Xi Jinping is embarking on a six-day tour of Europe amidst escalating trade tensions with the European Union and concerns over China's support for Russia. The trip, Xi's first to the continent since 2019, includes visits to France, Serbi
German Foreign Minister Annalena Baerbock has issued a compelling call for the expedited integration of candidate countries from the Western Balkans into the European Union
French President Emmanuel Macron has ignited controversy by calling for France's nuclear arsenal to be integrated into the European defense discourse
Brussels has called upon 15 prominent companies, including Lidl, Coca-Cola, and L'Oréal, to halt their advertising campaigns in pro-Kremlin media outlets across Bulgaria
European Commissioner for Internal Affairs, Ylva Johansson, has highlighted the pressing need for increased labor migration in the European Union
The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
