Cavotec Secures a Multi-Million Euro Deal in Shore Power Orders for Italian Ports
2025-01-20 17:03
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Wedoany.com Report-Jan 20, As disclosed, the company received the orders at the end of 2024. Deliveries for these projects are slated between early and mid-2026.
This development comes as part of an initiative by Italy from July 2024. Namely, back then, Italy notified the EU Commission of its plans to adopt a €570 million scheme to incentivize ship operators to connect to shore-side electricity infrastructure when at berth in maritime ports to power onboard services, systems, and equipment.
As described, the EU-backed aid would entail a reduction of up to 100% of the so-called ‘general system charges’, resulting in a lower electricity price for ship operators when purchasing shore-side electricity.
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