EC gives nod to renewable hydrogen production

The European Commission has approved a €450m Italian scheme to support renewable hydrogen production. The European Commission is supporting renewable hydrogen production through the approval of a €450m Italian scheme. This will foster the transition to green energy, as part of the Green Deal Industrial Plan. The scheme was approved under the State aid Temporary

EU sets up $270 bn for green transition

The European Commission (EC) set out its $270 billion Green Deal Industrial Plan to support Europe’s race to green transition and boost its netzero industry. EC President Ursula Von der Leyen announced the plan at the World Economic Forum in Davos, saying it’s a response to the U.S. Inflation Reduction Act. IRA is the leading