EU Disburses $2.6 Billion to Develop Clean Energy Projects in Member States

The largest disbursement to date will finance 31 projects in the beneficiary countries

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The Modernisation Fund of the European Union has disbursed €2.4 billion (~$2.6 billion) to finance 31 projects in seven beneficiary member countries to support the modernization of energy systems, reduction of greenhouse gas emissions in energy, industry, and transport, and improvement of energy efficiency.

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