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Europe Daily Bulletin No. 11610

27 August 2016
ECONOMY - FINANCE - BUSINESS / State aid
Green light for Luxembourg and Maltese aid regimes for production of renewable electricity
Brussels, 26/08/2016 (Agence Europe)

The European Commission killed two birds with one stone on Friday 26 August, when it approved Luxembourg and Maltese plans to support the production of electricity from renewable sources.

The Luxembourg plan, which was notified in September 2015, brings in premium payments to support operators of wind, solar, biogas, hydropower and biomass installations, for a total budget in the region of €150 million, allocated between 2016 and 2020. The Grand Duchy already had a support regime in place...