Across the country, there are hosts of start-ups developing cutting-edge solutions in the energy sector. Instagrid, a company from Ludwigsburg in southwest Germany which makes clean portable power solutions, is one example of German creativity in the area.
Industries / Energy & Environment
German cities are keener than ever to get smart – especially in the wake of coronavirus – and this digitalization drive is creating real opportunity for foreign businesses. The government has pledged almost a billion euros for smart city projects over the next decade.
One of the great advantages of hydrogen is its capacity to store excess energy for later use, but the gas itself also has to be stored. To this end, German energy company EWE is constructing an underground storage facility in the municipality of Rüdersdorf east of Berlin.
The German Ministry of Transport and Digital Infrastructure BMVI has launched a new program “Charging Infrastructure on Location” that will introduce add EUR 300 million to the funds to create more electric vehicle charging stations.
The Kopernikus Projekte P2X, an initiative of the German Ministry of Research and Education, says that for the first time ever glass has been made using green hydrogen as a heat source. That was after an eight-week test run at a factory operated by German glassmaker SCHOTT.
German business newspaper Handelsblatt has reported that energy company Steag is planning to construct a gigantic battery for energy storage in a decommissioned coalmine in the west of the country.
Germany’s Ministry of Education and Research has started a major new green hydrogen R&D initiative called “International Future Labs.” Successful projects will be eligible for up to EUR 5 million in grants for up to 36 months.
Germany reduced the amount of greenhouse gasses it emitted by 739 million tons – or 8.7 percent – last year compared to 2019. That’s according to the German Environment Agency UBA.
Innovative young air taxi developer Volocopter has received a massive influx of capital from investors including German rail company Deutsche Bahn, Intel, Daimler and Geely as well as Continental and Blackrock.
A new market analysis by the Brussels environmental protection association Transport & Environment (T&E) predicts a bright future for electric vehicle battery production in Europe’s largest market.