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May 22, 2020

EU to hold 15GW of renewable energy tenders

By Ilaria Grasso Macola

According to a leaked document, in the next two years, the European Commission will hold 15GW-worth of renewable energy tenders.

The move, part of the EU’s coronavirus recovery plan worth €75bn, will have a cost of €25bn. The document, which was published by Euractiv, outlines that another €10bn will be made available by the European Investment Bank (EIB) to increase states’ renewable build-out.

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