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Search resuls for: "Roberto Cingolani"

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REUTERS/Gonzalo Fuentes/File PhotoItaly aims to spur total investments of more than one billion euros ($1.22 billion) to build an electric car battery factory with car maker Stellantis (STLA.MI) expected to play a leading role, three government sources told Reuters. But it is confident this could trigger further investments from industrial and financial partners to bring the total to more than one billion euros, the sources said. The document targets some 1.8 billion euros in funding by that date though one ministry source said this was unlikely. Stellantis, the world's fourth largest carmaker, currently has two gigafactory projects in Europe, in France and in Germany, with overall investments of 5 billion euros. read more"There's a lot of competition... we'll have to offer a strong strategy and a credible team," the ministry source said.
Persons: Gonzalo Fuentes, Stellantis, Roberto Cingolani Organizations: REUTERS, Reuters, Funds, Fiat Chrysler, PSA, Energy, ACC, Thomson Locations: Saint, Yvelines, Paris, France, Italy, Brussels, Rome, Europe, Germany, United States, Spain
Italy promises "brutal" cuts to red tape delaying renewable energy projects
  + stars: | 2021-05-05 | by ( Stephen Jewkes | ) sentiment -0.99   time to read: +2 min
REUTERS/Guglielmo MangiapaneItaly is set to introduce a series of measures to cut red tape to simplify the permissioning process for new renewable energy projects, Ecology Transition Minister Roberto Cingolani said on Wednesday. Italy's byzantine authorisation process has slowed down the rollout of new green energy schemes, jeopardising access to EU recovery funds and the achievement of climate targets. He said the government would decide on Thursday whether the decree at first would regard only energy transition or whether it would be broader. In its last energy plan presented at the end of 2019 Italy set a target of 65 GW of new green capacity over 10 years. Cingolani, appointed energy transition minister in the government of Mario Draghi this February, said Italy would be ready to unveil its new energy strategy plan by the end of June.
Persons: Guglielmo Mangiapane, Roberto Cingolani, Cingolani, Mario Draghi, Draghi Organizations: REUTERS, Thomson Locations: Rome, Italy, Guglielmo Mangiapane Italy, Brussels
Mario Draghi's government aims to submit the 273-page document to Brussels on Friday to obtain more than 200 billion euros ($242 billion) from the kitty aimed at making the bloc's 27-member states more ecological, digital and resilient. But ecological lobbyists and think tanks say Italy's plan does not meet the threshold. "A not very green Plan," is the headline of a report by Greenpeace Italia, which gathered outside parliament this week with other Green advocates to protest against what they see as a lack of ambition on the environment. Electric transport is also a cornerstone of the Spanish plan, which dedicates 6.5 billion euros to "sustainable, secure and connected mobility" in cities. ECCO also accuses the government of having "no strategy for renewable energy."
Persons: Mario Draghi's, Giuseppe Conte, Draghi, Roberto Cingolani, Matteo Leonardi, ECCO, reckons, Enel, Cingolani, Leonardo, Enrico Giovannini Organizations: European, EU, Greenpeace Italia, Green, European Commission, Reuters, Fund, European Central Bank, Thomson Locations: Italy, Brussels, Europe, Rome, Germany
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