Margrethe Vestager

European Commission Funds €134 Million to Germany’s BASF for Renewable Hydrogen

The European Commission has announced the approval of a €134 million to support Germany’s BASF SE for the production of renewable hydrogen, with the aim of decarbonising its chemical production processes and of promoting hydrogen use in the transport sector. EC said that the measure contributes to the achievement of the EU Hydrogen Strategy and […]

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European Union to Invest $5.2 Billion More for Green Hydrogen Projects

To provide a major thrust to hydrogen development in the region, the European Commission (EC) has approved $5.2 billion in public funding. The EU said that the new investments will also be attracting about $6.8 billion in private funding for the hydrogen industry. The EU held that 13 countries will be giving funds for a […]

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New EU Rules On Energy Projects Focus on Flexibility, Climate Change

The European Commission has endorsed the new Climate, Environmental Protection and Energy State Aid Guidelines (CEEAG).  to ensure that its state aid rules play their full role in supporting the European Green Deal, according to a recent announcement. Back in February, the European Commission (the executive branch of the European Union) organised a conference about how […]

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EC Approves $ 6.7 billion Scheme in France for Rooftop Solar

Rooftop solar development in France is set to get a big fillip with the European Commission approving a $6.7bn (€5.7bn) scheme to support renewable power generation from small solar installations located on buildings. France is also a founding member of the International Solar Association. Approved under European Union (EU) state aid rules, the scheme will […]

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