Tag: European Council (2 articles)

Regulation   |   12 March, 2023 at 9:31 AM

EU agrees on stronger rules to boost energy efficiency

The European Parliament and the European Council reached a new agreement on reforming and consolidating the EU Directive on energy efficiency. The agreement sets an EU energy efficiency target of 11.7% for 2030 and requires EU member states to collectively ensure a further reduction in final and primary energy consumption.

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NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the EIB to advance the company's RDI investments across its broad portfolio of semiconductor solutions.