Renewable power industry welcomes first draft for design of Germany’s 500-billion euro fund
Germany's renewable energy industry has welcomed a draft detailing the design of the country’s 500-billion euro special fund for infrastructure and climate neutrality. The special fund is sending “an important signal for future-oriented investments”, said Simone Peter, head of Renewable Energy Federation (BEE), despite the draft being too vague on key aspects to guarantee the money will be effectively distributed to help Germany’s goal of achieving net-zero emissions by 2045.
You are not logged in
If you want to read more, join the ENERGY-HUB club
LoginTry the monthly membership in the ENERGY-HUB club for free!
Related articles
Network operators call for slowing Germany's grid battery boom
A boom in large-scale battery storage systems is pushing Germany's power grid operators to their limits, with some calling on lawm…
SolarPower Europe maps EU solar tracker supply chain
SolarPower Europe has underscored the role of domestic mounting system manufacturers in driving PV deployment across Europe, while…
OPEC+ may further accelerate oil output hikes on Saturday
OPEC+ may make an increase in oil output for August at its meeting on Saturday that is larger than the 411,000 barrels per day (bp…
Spain approves legislation to encourage energy storage and flexibility
The Spanish government has approved legislation to strengthen its electricity system following the major power outage the country…
Dais and Electric Land partner to deploy 4GW of BESS in Germany
BESS developer-operator Dais Energy Ventures and investor Electric Land have announced a joint venture (JV) to develop, build and…
ENERGY-HUB is a modern independent platformsharing news and analytic articles from the energy sector on a daily basis. Within our portfolio we monitor czech, slovak and foreign press releases.
