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UPDATE: At 7 p.m., FirstEnergy reported that 9,000 people in Cuyahoga County remained without power. CLEVELAND, Ohio More than 21,000 people in Cuyahoga County are without power as rain showers and strong winds continued to pummel the region as of Friday afternoon. FirstEnergy reported at 4:30 p.m. that the cities that have been hit the hardest are Cleveland (more than 4,100 without power), .
(Bloomberg) Greece’s plan for using European Union funds to combat the effects of the coronavirus pandemic will accelerate the nation’s transition from fossil fuels to a greener economy, a government adviser said.Both domestic and foreign companies are expected to step up after almost 18 billion euros ($21 billion) of public and private funds were earmarked for everything from solar panels to energy storage, said Vassilis Antoniades, head of the financial services practice for Central Europe and Middle East at Boston Consulting Group Inc.“It’s extremely encouraging that over 30% of the EU funds for Greece are directed at green opportunities,” he said in an interview in Athens. Many of the opportunities are located in lignite-dependent areas and provide a chance to curb their dependence on the power-plant fuel for jobs, said Antoniades, who headed the team that advised the government on exiting lignite.Greece is still dealing with the effects of a de
PPC remains on course for meeting 2021 targets, president and CEO Giorgos Stassis told market analysts on Friday, during a tele-conference to present Q1 2021 results.
Greece eyes green energy shift with $21 billion in projects
Solar power plant in Tilos, Greece. Credit: Wikimedia Commons
Greece’s plan for using European Union funds to combat the effects of the coronavirus pandemic will accelerate the nation’s transition from fossil fuels to a greener economy, a government adviser said.
Both domestic and foreign companies are expected to step up after almost 18 billion euros ($21 billion) of public and private funds were earmarked for everything from solar panels to energy storage, said Vassilis Antoniades, head of the financial services practice for Central Europe and Middle East at Boston Consulting Group Inc.