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2024/1/13 8:37:54

EU approves 2.9 billion yuan aid plan to support photovoltaic and other manufacturing industries

Recently, the European Union approved France’s 2.9 billion euro state aid plan to support the production of solar modules, energy storage batteries, wind turbines and heat pumps, as well as other related key components and key raw materials. The scheme, based on the EU’s Temporary Crisis and Transition Framework, will be offered in the form of tax credits to qualifying companies and is authorized until December 31, 2025.

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