The European Commission has approved, under EU State aid rules, a €128 million Swedish measure to support SSAB in decarbonizing its steel production.
The European Commission has approved a €2.7 billion Austrian scheme to support companies active in the industrial sector to decarbonise their production processes.
The European Commission has approved a €998 million Dutch initiative under EU State aid rules to promote the production of renewable hydrogen.
The Commission launched today the first auction under the European Hydrogen Bank to support the production of renewable hydrogen in Europe, with an initial €800 million of emissions trading revenues, channeled through the Innovation Fund.
The State Domains Agency (ADS) has completed the scriptural inventory of state-owned land that could be used to establish wind or photovoltaic power plants.
The EU has responded effectively to the crisis, looks to the future, and accelerated the green transition.
The European Commission has approved a €2.5 billion (CZK 60 billion) Czech scheme to help manufacturing companies decarbonize their production processes and improve their energy efficiency to foster the transition to a net-zero economy, in line with the Green Deal Industrial Plan.
The Council adopted new rules to reduce final energy consumption at the EU level by 11.7% in 2030.
The European Commission is awarding over €3.6 billion to 41 large-scale clean tech projects, to be financed through the EU Innovation Fund.
European Commission sets out rules for renewable hydrogen. Hydrogen is also a key pillar of the REPowerEU Plan to get rid of Russian fossil fuels.
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
Polish energy group Orlen announced that its subsidiary, Energa Operator, has secured a €1.8bn loan to modernize the power grid, preparing it for the integration of renewable energy sources.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands.
