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Consortium to invest EUR 2bn in solar module production in Germany

Three companies in the German photovoltaic industry are joining forces in a EUR-2-billion (USD 2.18bn) investment initiative to rebuild an integrated value chain for solar module production in Europe's largest economy.

read more... 21/08/2023

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Aviation law reform could imperil wind energy expansion in Germany

A planned amendment of Germany's Air Traffic Act (LuftVG) could block the construction of wind parks on about one-third of the available area, putting the expansion of onshore wind energy in the country in jeopardy, according to industry association BWE.

read more... 17/08/2023

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Germany economy ministry supports 'fair' distribution of wind power expansion costs

Germany's economy ministry is in favour of distributing the network costs of expanding renewable energies "fairly" among the country's federal states, a spokesperson for the ministry said on Sunday.

read more... 14/08/2023

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German gas price cap to cost less than assumed

Germany’s cap on gas bills is likely to cost the government EUR 13.1bn, only around a third of what Berlin had budgeted, the Ifo Institute for Economic Research said on Wednesday.

read more... 11/08/2023

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German cabinet approves 58 bln euro green investment plan for 2024

Germany's cabinet on Wednesday agreed to earmark 57.6 billion euros ($63.2 billion) for green investments next year, up 60.2% from a 2023 target, the Finance Ministry said, as Berlin ramps up subsidies to help the country become net zero by 2045.

read more... 10/08/2023

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