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Tag: Germany
• €1.7 billion financing secured for one of Europe’s largest steel decarbonization projects• Backed by Germany’s federal and Saarland governments under a €2.6 billion transformation program• Project aims to cut...
• $7 billion funding package extends Germany’s climate protection contracts to include carbon capture and storage (CCS) for the first time.• Targets heavy industries — chemicals, steel, cement, and glass...
Record Commitments from Berlin Berlin has confirmed it provided €11.8 billion ($13.81 billion) in international climate finance during 2024, a record outlay designed to strengthen developing countries’ ability to respond...
Papenburg project moves forward Mercedes-Benz AG and UKA Group have received clearance to begin construction of a 140-megawatt wind farm on the automaker’s 800-hectare test track in northern Germany. Scheduled...
At the Franco-German Council of Ministers in Toulon, President Emmanuel Macron and Chancellor Friedrich Merz endorsed a bilateral energy roadmap that recognizes nuclear power as part of Europe’s energy transition....
Germany’s cabinet has approved a reform bill aimed at rapidly advancing carbon capture and storage (CCS) infrastructure, a critical step in the country’s plan to reach carbon neutrality by 2045...
Berlin — ESG News: Germany’s Federal Ministry of Finance is preparing to reinstate its Sustainable Finance Beirat, the national advisory board tasked with guiding the country’s sustainable finance strategy. The...
Swedish power utility Vattenfall confirmed its final investment decision for the Nordlicht 1 and 2 offshore wind projects in Germany’s North Sea, marking a major step toward Germany’s renewable energy...
Key Impact Points: Why it matters: Germany, aiming to become climate-neutral by 2045, is taking bold steps to decarbonize its industries. The government’s $3.1 billion subsidies will support industrial companies...
Germany and Morocco have established a new climate and energy alliance to collaborate on climate protection and energy transition. This alliance, marked by the signing of a declaration in Berlin,...
The Federal Government believes that Germany’s climate targets for 2030 are achievable. “Providing we stay on course, we are set to achieve our 2030 climate targets,” said Economics and Climate...
In a significant shift towards achieving its ambitious goal of carbon neutrality by 2045, Germany announced plans to embrace carbon capture and storage (CCS) technology for specific industrial sectors. This...
Germany’s CO₂ emissions fell to their lowest level in 70 years in 2023. A large part of this reduction is due to an unexpectedly sharp decline in coal use. At...
The new DHL Europe Innovation Center will serve as a hub for trend research and technology development, providing innovative solutions to assist customers and partners in navigating their logistics journey....
The German government has pledged to invest €4 billion in African green energy projects until 2030. The announcement was made by Chancellor Olaf Scholz at the G20 Compact with Africa...
A new important agreement between the UK and Germany could help to accelerate the development of an international hydrogen industry – with the 2 countries at the cutting edge of...
German logistics giant DHL is joining forces with energy firm HH2E and South African petrochemicals firm Sasol. Together, they are embarking on a pioneering venture to expand the production of...
The German Federal Network Agency announced that RWE has been granted awards for Nordseecluster B. This involves the N-3.6 and N-3.5 sites in the German North Sea, on which RWE...
Germany will top up a pot to fund climate-protection measures and investment in semiconductor production by about €20 billion ($22 billion) to more than €200 billion, according to people familiar...
Iberdrola, one of the world’s largest renewable energy companies, and Vodafone, the largest pan-European and African telecoms company, have signed new clean PPA in Spain and Portugal, adding to a recent agreement...
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