Renewable energy – financing mechanism for EU-wide projects

SolarPower Europe welcomes the initiative by the European Commission to draft an Implementing Act for the EU Financing Mechanism to support new renewable energy projects under the Governance Regulation. The European Union has a unique opportunity to take decisive steps towards carbon neutrality by 2050. To achieve this vision, this cooperation mechanism can provide Member States with the means for effective collaboration to achieve their individual and collective 2030 renewable energy targets and place them in the right trajectory for 2050.

SolarPower Europe believes in the EU Financing Mechanism’s potential to help increase the deployment of renewable energy projects. Read and download our feedback here.

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