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Estonian environmental project uses 100kwh photovoltaic cabinet

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3 FAQs about Estonian environmental project uses 100kwh photovoltaic cabinet

Why should Estonia invest in green technology?

These technologies have the potential not only to address Estonia’s own challenges in the green transition, but also offer opportunities for the Estonian technology sector to develop and market their applications globally. Estonia’s greatest opportunities lie in the development of green technology and its export to foreign markets.

How much green investment is needed in Estonia?

The estimated total annual green investment needed in Estonia is around 4% of GDP a year until 2030, 2% of GDP in 2031–2040, and up to 1% of GDP in 2041–2050. While the share of companies in Estonia involved in green investment is similar to that of the European Union, the current investment amounts fall short of meeting the required levels.

Does Estonia need a competitive policy of support for green technology?

Developing green technology needs a competitive policy of support. State support in Estonia for research and development in the private sector has been quite unstable over time, varying in the range of 6–20 million euros a year, which is considerably low on an international scale.

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