The European Union s Innovation Fund, a 40 billion euros ($43 billion) investment initiative, has experiened early setbacks. These challenges raise concerns about achieving the EU s 2040 climate targets. Despite setbacks, the fund continues to allocate funding to innovative clean technologies, prioritizing investments with potential despite inherent risks.
A solar panel manufacturer that’s laying off workers. A battery maker that spurned Europe for American subsidies. A green hydrogen project stalled for lack of…
EU s $40 Billion Clean Tech Fund Makes Big Bets, Early Stumbles bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) A solar panel manufacturer that’s laying off workers. A battery maker that spurned Europe for American subsidies. A green hydrogen project stalled for lack of electricity.Most Read from BloombergTrump’s Net Worth Drops $1 Billion as Social Media Firm SinksA Million Simulations, One Verdict for US Economy: Debt Danger AheadErdogan Suffers Historic Loss in Turkey Municipal ElectionsTrump Media’s Business Doesn’t MatterCaribbean Golden Passport Cost Soars to $200,000 on EU CrackdownT