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