France Offers $1.6 Billion Aid To Grow Biomethane Production
The European Commission has approved a French proposal to provide EUR 1.5 billion ($1.6 billion) in government assistance for renewable natural gas production projects in the country.
The package caters to new installations with an expected annual biomethane production capacity of over 25 gigawatt hours a year, the Commission said in a statement. Beneficiaries will be selected through competitive bidding.