New EU financing mechanism set to boost PV investments

A new EU framework designed to incentivize cross-border renewables financing could help accelerate the roll-out of solar PV projects across Europe. However, investors are awaiting more clarity about how the system will work in practice.

Issue 12-2020

PV installation in Estonia. Both Estonia and Lithuania have agreements in place with Luxembourg for the transfer of renewable energy statistics. This is allowed by the EU since Luxembourg has limited potential for renewables development within its own borders.

Image: Silver Karmin

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