Head of Mission of the European Union in Egypt Marc Franco said the Union is on the verge of granting 60 million Euros (U.S. $83.9 million) to support renewable energy projects in Egypt. He added this funding comes in a package of funds intended to support infrastructure for renewable energy projects in southern Mediterranean countries. Franco said during the opening ceremony of the Tenth Congress of the Renewable Energy in Egypt, there is are large numbers of European companies seeking to implement renewable energy projects in south of Mediterranean countries.