Page 3 - Transition Framework News Today

The statement came on the same day that solar manufacturer Meyer Burger announced plans to abandon its module assembly plant in Germany.

The European Commission has approved hundreds of millions of euros in state aid from the German government to Swedish battery producer Northvolt, helping it build a gigafactory for EV batteries in the city of Heide, Schleswig-Holstein.

This financial aid, without which Northvolt would have turned to the US, is to contribute significantly to Europe’s green transition.

The European Commission has approved a EUR 902 million German measure to support Northvolt in the construction its battery production plant in the city of Heide, Germany.

The European Commission (EC) has approved a €2.9 billion (US$3.2 billion) French aid scheme supporting investment in green industries.

Northvolt locked in European approval for a €902 million subsidy from the German government to build a gigafactory there.

Matching aid is a European Union’s ‘new feature’ to allow European firms to find an equivalent sum of aid in Europe, that they can receive in other jurisdictions.

The European Commission has approved a €140 million Portuguese scheme to support the production of renewable hydrogen and biomethane to foster the transition to a net-zero economy, in line with the Green Deal Industrial Plan. The scheme was approved under the State aid Temporary Crisis and Transition Framework, adopted by the Commission on 9 March […]

Last week, the European Commission (EC) approved the release of $4.4 billion to support rollout of offshore wind energy in France. The scheme was appr...

The EU's Green Deal offers the European PV industry the opportunity to become a leading force again, writes NexWafe CEO Davor Sutija.