[Solar: EU launches T-MED to support 15GW of renewables across the Mediterranean]

Published: Jun 12, 2026 16:28

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The European Union has launched the Trans-Mediterranean Renewable Energy and Clean Tech Cooperation initiative, or T-MED, to support 15GW of new renewable energy capacity across the Mediterranean region by 2035. The initiative is expected to mobilize up to EUR 25 billion in investment, covering renewables, energy efficiency, grid infrastructure, hydrogen and clean technology manufacturing. The European Commission said the Mediterranean region has around 2,300GW of untapped renewable potential, with solar and wind costs 30%-40% lower than in Europe.

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