EU to hold 15GW of renewable energy tenders

22 May 2020 (Last Updated May 22nd, 2020 15:24)

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.