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Italy's green transition efforts held back by lack of big solar projects

Italy's energy transition is building on a myriad of solar panels mounted on roofs, but the country has installed far fewer large plants than its neighbours, data seen by Reuters show, signalling hurdles on Rome's path to decarbonisation.

read more... 06/03/2024

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EU awards Italian energy groups $402 mln for green hydrogen

The European Commission has awarded financing of up to 370 million euros ($402 million) to set up a 'Green Hydrogen Valley' in Italy's Puglia region, the energy groups involved said.

read more... 27/02/2024

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EU carbon border tax will do little to cut emissions

A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unlikely to lead to big reductions in greenhouse gas emissions, the Asian Development Bank (ADB) said in a report published on Monday.

read more... 26/02/2024

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Power subsidies key to Germany’s green transition

Germany’s green transition will require energy price subsidies to be realised, said economy minister Robert Habeck on Wednesday.

read more... 22/02/2024

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Germany to earmark 4 bln euros for industry decarbonisation subsidies

The German government will earmark some 4 billion euros ($4.31 billion) for subsidies to support energy-intensive firms switching to green production, a government source told Reuters on Friday.

read more... 19/02/2024

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