1. Home
  2. Europe
  3. &
  4. UK
  5. Belgium gains EU okay for 3.5 billion euro aid to three windfarms
Belgium gains EU okay for 3.5 billion euro aid to three windfarms

Belgium gains EU okay for 3.5 billion euro aid to three windfarms

36
0

The European Commission said the three windfarms, located in the North Sea, will help Belgium meet its target of producing 13 percent of its energy needs from renewable sources by 2020

BRUSSELS: EU state aid regulators approved on Thursday a Belgian proposal to grant 3.5 billion euros ($4.10 billion) to three offshore windfarm projects, saying this was in line with the bloc’s energy and climate objectives.

The European Commission said the three windfarms, located in the North Sea, will help Belgium meet its target of producing 13 percent of its energy needs from renewable sources by 2020.

Source: reuters
Anand Gupta Editor - EQ Int'l Media Network

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *