German Chemical Industry Rebounds from Corona in a Big Way

EUR 111 billion in turnover and a 12 percent rise compared with a year ago – those are the record-setting figures published by the Association of the Chemicals Industry (VCI) for the first half of 2021.

Germany Marks One Million EV Milestone

57,000 electric vehicles were registered in Germany in July, taking the total number of EVs on Germany’s roads over the symbolically significant number of a million.

Standard-Setting Electric Utility Vehicle Battery Factory Opens in Germany

German battery maker Akasol has officially inaugurated its “Gigafactory 1” in the western German city of Darmstadt.

German Start-Ups Set Record Despite Corona

Professional services network Ernst and Young (EY) says the number of financing rounds for fledgling companies in Germany reached an all-time high of 743 in 2020 despite the economic disruption caused by the coronavirus pandemic. That was an increase of six percent.

Germany Goes Whole Hog on Hydrogen

The German government sees hydrogen technology as the key to the country’s clean energy future. It’s investing billions of euros in the sector. Germany aims to become the “world number one” in clean hydrogen energy technology – with the government investing €9bn. Our new video looks at how international businesses can get involved in German environmental H2.

German Ministry Funds Three Massive Green H2 Projects

Germany’s Ministry of Education and Research has announced it will be investing EUR 700 million in three major green hydrogen projects. The funds will be allocated by 2025.

Fintech Mambu Becomes Latest German Unicorn

Berlin startup Mambu announced on January 7 that it has been valued at EUR 1.7 billion, making it Germany’s newest unicorn.

Smart Devices – the New German Cashless Option

In a new survey, German digital industry association bitkom found that 79 percent of Germans regularly used cashless payment option in stores from September to November of last year.

Germany Breaks 50 Percent Net Renewable Electricity Mark

More than half (50.5 percent) of all the net power generated in Germany last year came from wind, solar and other clean sources. That’s according to final 2020 figures from the renowned Fraunhofer Institute for Solar Energy System (ISE).

Green Hydrogen and Germany’s Energy Future

2020 was the year Germany went all in on hydrogen as a key to its transition to the clean energy of future. We spoke with the German government’s commissioner for green hydrogen, Stefan Kaufmann, about where Germany is coming from and where it’s headed.