EU: the EC approves Polish state aid program worth €1.2 bln
Source: Pexels
The European Commission approved a €1.2 billion Polish state aid program to support investments in strategic sectors for transitioning to a net-zero emission economy. The program will provide direct grants to companies involved in the production of batteries, solar panels, wind turbines, heat pumps, electrolyzers, carbon capture devices, and key components for these technologies.
The Commission deemed the program compliant with temporary state aid rules, as it encourages the production of essential equipment for a green transition and adheres to funding limits. The program aims to accelerate ecological transformation and support industries crucial for implementing the EU's Green Deal industrial plan.
