Sweden's Northvolt hopes to make batteries for a million electric vehicles each year. Chancellor Olaf Scholz attended the groundbreaking and welcomed the project as a model for Germany and Europe's industrial futures.
Germany plans to award companies in sectors such as steel, glass, paper and chemicals 15-year subsidies in return for reducing carbon emissions in production
Germany on Tuesday launched
a bidding process for subsidies to support energy-intensive
firms switching to green production in a 4 billion euros funding round, the economy ministry. -March 12, 2024 at 06:45 am EDT
- MarketScreener