The European Commission announced, on Tuesday 2 April, that it had authorised, under EU State aid rules, Greek aid schemes with a budget of €1 billion to support two renewable energy production and storage projects in Greece.
Firstly, support will go to the Faethon project, which involves the construction of two photovoltaic units, each with a capacity of 252 MW, integrated molten salt thermal storage units and a very high voltage substation.
Secondly, this aid will support the Seli...