Automotive

EU approves 900-mn-euro German aid for battery plant

The EU approved Monday a 900-million-euro German state subsidy for electric vehicle battery firm Northvolt to build a plant in Germany that might have otherwise been lured to the United States.

Energy & Green Tech

If we keep subsidizing wind, will the cost of wind energy go down?

There are high hopes for renewable energy to help society by providing a more stable climate, better energy security and less pollution. Government actions reflect these hopes through policies to promote renewable energy. ...

Energy & Green Tech

Germany launches major subsidy scheme for greener industry

Germany on Tuesday launched what it called "an innovative" multi-billion-euro subsidy scheme aimed at turbocharging investments that will make industrial production in Europe's top economy more climate-friendly.

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