The European Commission and the European Investment Bank (EIB) have disbursed EUR 2.5 billion (USD 2.85bn) from the EU Modernisation Fund to finance 51 clean energy projects across 11 lower-income EU member states.

Renewable energy remained the European Union's largest source of electricity generation in 2025, accounting for 47.2% of total output, although renewable electricity production…

The European Commission and the European Investment Bank (EIB) have disbursed EUR 2.5 billion (USD 2.85bn) from the EU Modernisation Fund to finance 51 clean energy projects…