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Computer Hardware;Investments & Funding
Computer Hardware;Investments & Funding

EU approves €288 million German state aid for semiconductor supply chain facilities

The European Commission has approved €288 million in German State aid for two semiconductor supply chain facilities: €222 million for Carl Zeiss to build an EUV optical column facility in Oberkochen, and €66 million for Zadient Materials to build a silicon carbide source material plant in Bitterfeld. Both projects support European Chips Act objectives and are first-of-a-kind in Europe.

Europe;Germany | 7 days ago
Renewable Energy
Renewable Energy

Siemens secures 10-year technology mandate and equity stake in Vulcan Energy’s German lithium facility

Siemens has entered a long-term strategic alliance with Vulcan Energy to develop the Lionheart lithium and geothermal energy project in Germany. Under the agreement, Siemens will provide advanced automation systems through 2035 and join a strategic investment consortium, bolstering Europe’s domestic battery metal supply chain and renewable energy capacity.

1 month ago • Germany
Power & Utilities
Power & Utilities

SPIE builds three substations to strengthen Offenbach power grid

SPIE is delivering three new substations in Offenbach for grid operator Energienetze Offenbach, featuring fully SF₆-free GIS switchgear at 110 kV and 20 kV levels. The project, launched in November 2025, includes 14 to 16 bays per substation and will take approximately three years to complete, supporting renewable energy integration.

1 month ago • Germany
Renewable Energy
Renewable Energy

Hydrogenera secures contract for 2-MW alkaline electrolyser to support German industrial hydrogen demand

Hydrogenera has finalized an agreement to supply a 2-MW alkaline electrolyser for a project in Ukraine, backed by German government funding. The system will provide high-purity green hydrogen to German industrial consumers by 2027, illustrating a strategic move toward cross-border energy supply chains and decentralized hydrogen production within Europe.

2 months ago • Germany;Ukraine

Latest News

Business & Corporate | 2 days ago

Rashmi Group commits INR 350 billion to expand industrial footprint in West Bengal

Diversified industrial major Rashmi Group has announced a massive 35,000 million INR investment to scale its steel, power, and mining operations in West Bengal. The plan includes adding 7 million tonnes of annual steel capacity and operationalizing newly acquired coal blocks across several districts.

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