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EU Approves €23B Italian Renewable Energy Plan to Boost Climate Goals
The European Commission approved Italy’s €23 billion aid scheme to boost renewable energy and meet 2030 climate goals. Supporting wind, solar, hydropower, and waste gas, it aims to add 37.15 GW capacity. Using long-term contracts and competitive allocation, the plan promotes decarbonization, energy independence, and price stability while ensuring fair market conditions.
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