The European Commission has approved a change to an Italian scheme made available by the post-Covid National Recovery and Resilience Plan (NRRP) to support investments in renewable energy in the agricultural sector, based on EU legislation on State aid.

The scheme was approved by the EU in July 2022 and the change in June 2023.

The scheme aims to support agricultural, breeding and agro-industrial companies to invest in the use of renewable energy, the Commission said Thursday.

The scheme will run until 31 December 2026.

Italy notified one amendment to the scheme, namely a budget increase of 785 million euros, bringing the overall budget of the scheme to 1.6 billion euros.