A total of €4.11 million from the Modernisation Fund are going to support 61 projects in 8 Member States. These projects aim to modernise energy systems, reduce greenhouse gas emissions and improve energy efficiency.

The disbursements have been made to Croatia (€119.8 million), Czechia (€1.34 billion), Estonia (€62.4 million), Hungary (€74.3 million), Lithuania (€85 million), Poland (€643.2 million), Romania (€1.39 billion), and Slovakia (€399.5 million).

In particular, the investments focus on electricity generation from renewables, modernisation of energy networks and energy efficiency in the energy sector, in industry, in buildings, and in transport, and the replacement of coal generation with lower carbon intensity fuel.

Read the news here.