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EU Must Open State Aid to Cleantech Manufacturing to Achieve Electrification Goals
Key Takeaways
- EU Commission proposed Industrial Accelerator Act on 4 March 2026 to lift industrial manufacturing to 20% of GDP by 2035.
- Net Zero Industry Act requires domestic manufacturing capacity to cover 40% of deployment needs by 2030.
- Electrification Action Plan expected July 15, 2026 in response to energy crisis from Middle East war and Strait of Hormuz closure.
- Open letter from T&E, car manufacturers, and cleantech industries calls for amending state aid framework to make manufacturing aid bankable.
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DT Editorial Team··via cleantechnica.com