EU Approves €380 Million French Scheme to Boost Net-Zero Manufacturing
The European Commission has approved a €380 million scheme by France to enhance manufacturing capacity for clean technologies. This initiative, under the EU State aid rules, aims to support investments in net-zero technologies and their components, as outlined in the Clean Industrial Deal State Aid Framework. The scheme will provide direct grants and repayable advances, funded by both central and regional budgets in France, and is co-funded by structural funds. The support is available until December 31, 2030, and is part of a broader effort to transition towards sustainable industrial practices.