Hydropower industry awarded $20 million in EU funds
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BRUSSELS (Reuters) - A consortium of 19 hydropower companies and organizations said it will receive European Union funding of 18 million euros (£15.46 million) to research the green energy form's role, as the 28-member bloc seeks to become carbon neutral by 2050.The deal will be announced on Tuesday on the sidelines of the United Nations climate conference in Madrid, a day before the new European Commission lays out its "European Green Deal" policy to make Europe the first climate-neutral..