Germany means business! And now GTAI has its very own podcast. Once a month “INTO GERMANY” will bring you an in-depth look a hot topic plus the top business stories from Europe’s largest economy.
Industries / Energy & Environment
The German government has announced the creation of two funds worth more than half a billion euros to assist the global scale-up of the hydrogen economy.
Octopus Energy – one of the most most innovative young companies in the sector – expanded to Germany and is making waves in Europe’s largest economy. Octopus Energy Germany CEO Andrew Mack tells us about the challenges and rewards of coming to this very lucrative but very specific market. Watch our video!
Germany’s high level of innovation, large domestic market and rapidly growing renewable energy capacity are attracting international cleantech businesses. Solar parks, wind farms and hydrogen plants are popping up all over the country, accompanied by an electromobility boom.
It’s part of the annual cycle of the seasons –trees losing their foliage. In Berlin, for example, sanitation services sweep up 36,000 tons leaves every year from city streets and parks. They’re usually composed, but a new study suggests this material could be put to better use.
German power company RWE says it will construct a 220-megawatt battery storage facility in the western German regional state of North Rhine-Westphalia at the firm’s locations in Neurath and Hamm. The facility will encompass 690 lithium-ion battery blocks and will cost EUR 140 million.
The German government is investing more than EUR 20 million to set up a “field laboratory” in the eastern German city of Jena to develop smart city innovations in heat and electricity supply.
On November 3, the federal German government reached an accord with the country’s six northernmost regional states and grid operators to dramatically increase the country’s wind energy output. The deal mandates at least 30 gigawatts of offshore wind-generated electricity by 2030.
Whether its supply chains or markets, companies in Germany are diversifying in response to the many disruptions of the past couple of years. The trend applies to practically all sectors in the German economy and is opening up business opportunities for new players. This video explores the ongoing changes.
US chemicals giant Dow is teaming up with British recycling company Mura Technology to build a massive new plastic recycling plant in the town of Böhlen in the eastern German regional state of Saxony.