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13 Mar
16:22

Italy to provide €1 billion for energy transition equipment production

The European Commission (EC) has cleared Italy’s €1.1 billion ($1.2 billion) state aid scheme to support investments in the production of equipment, components and critical raw materials for the energy transition. The Italian measure will be funded as direct grants to companies producing batteries, electrolysers, as well as other equipment including for carbon capture usage and storage. The proceeds will also cover critical raw materials…
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