Energy Transition

EU approves 'necessary and appropriate' $3bn French green industry subsidies plan

French plan will provide tax credits for green industries, while German aid will underpin Northvolt's gigafactory

Margrethe Vestager, European Commission executive vice-president in charge of competition policy.
Margrethe Vestager, European Commission executive vice-president in charge of competition policy.Foto: Stine Heilmann / EC
FranceEUEuropean CommissionEurope
Published 8 January 2024, 14:58Updated 8 January 2024, 14:58