Image: Guillaume Périgois, Unsplash
The European Commission has approved a €1.2 billion scheme to support investments in renewable equipment in Poland.
The aid will provide direct subsidies to companies in Poland producing batteries, solar panels, wind turbines, heat pumps, electrolyzers and carbon capture equipment. It will also support companies that manufacture components or raw materials needed for the production of renewable equipment.
Support from the package will be delivered by the end of 2025.
Margrethe Vestager, Executive Vice-President of the European Commission responsible for competition policy, said the investment is in line with the objectives of the Green Deal Industrial Plan and the EU’s climate neutrality target.
“At the same time, competitive distortions remain limited,” Vestager added.
The commission said the state aid program was approved under the European Commission’s Temporary Crisis and Transition Framework (TCTF), which was adopted in March 2023 and provides EU member states with assistance to accelerate their transition to green energy.
This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.
Popular content
