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World’s largest green hydrogen plant reaches financial close

Saudi Arabia’s Neom Green Hydrogen Company (NGHC) has completed a financial close for its hydrogen plant at a total investment value of $8.4bn.

read more... 26/05/2023

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G7 backs liquified gas as ‘temporary’ solution, to dismay of climate activists

The Group of Seven rich nations put support for gas investments back into their communiqué on Saturday (20 May), calling it a “temporary” step as they try to de-couple from Russian energy, in a move climate activists say may hurt climate goals.

read more... 22/05/2023

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France budgets 500 mln euros annually for green industry tax credit

The French government plans to budget half a billion euros annually for a new tax credit for environmentally-friendly investments as part of a bill presented on Tuesday to green the industrial sector, Finance Minister Bruno Le Maire said.

read more... 17/05/2023

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Northvolt to build multi-billion-euro battery plant in Germany

Sweden's Northvolt said it will invest several billion euros to build an electric-vehicle battery cell plant in Germany, after speculation that the company could divert planned investment to the United States.

read more... 15/05/2023

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France to offer new tax credit for investments in green technologies

The French government will offer a new tax credit for environmentally-friendly investments and make cash incentives for buying new electric cars conditional on them being made in Europe, President Emmanuel Macron said on Thursday.

read more... 12/05/2023

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