Assembly lines for RES project equipment such as cables and pylons, as well as the development of infrastructure to host offshore wind farms, will feature in energy ministry proposals for funding support through the European Commission’s new recovery plan.
The environment and energy ministry, along with all other ministries, have been given until August 24 to submit their proposals to the Prime Minister’s office for project funding support through the European Commission’s new recovery tool, Next Generation EU.
The proposals from all ministries will then be shaped into a national plan that will then be delivered to Brussels in October for approval.
EU funding support for RES-sector assembly units and offshore wind farm infrastructure would come as an addition to other eco-friendly initiatives taken by the energy ministry, including a third round of subsidy support for domestic energy efficiency upgrades through the Saving at Home program; upcoming subsidies for electric vehicle purchases; green economy investments; and grid network development.
Thoughts for the development of RES equipment assembly lines in Greece had first been aired about a decade ago, but, at the time, the country’s RES sector was too small to make such plans feasible.
New wind farms offering a total capacity of 727.5 MW were connected to Greece’s grid last year, a record-level performance for the country.