TNPSC Thervupettagam

European Green Deal

January 21 , 2023 461 days 486 0
  • The Green Deal Industrial Plan was announced by European Commission.
  • This plan is a response to both the Russian invasion of Ukraine and other global renewable energy legislative commitments like the US’ Inflation Reduction Act (IRA).
  • The first pillar will see the introduction of the Net-Zero Industry Act
  • The second pillar of the plan as outlined by the speech will boost investment and financing for clean tech production and manufacturing.
  • The Green Deal Industrial Plan is a significant moment for European solar manufacturers.

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