One of the global leaders in battery technology and energy storage systems, SVOLT Energy Technology from China, will be building a production facility in the town of Lauchhammer in the eastern German state of Brandenburg.
Germany’s efforts to transition to a sustainable economy have provided a major boost to funding for greentech start-ups. International companies are flocking to Germany to benefit from the boom in environmental technology and generous government incentives.
GTAI is very proud to have hosted its first-ever Virtual Hydrogen Investors Tour. Four live studios, three coal-producing-turned-H2/clean-energy regions, two separate events and one live stream! A veritable Who’s Who of German H2 discussed the future opportunities of the hydrogen sector in the Lusatia, Central German and Rhenish regions.
Many companies and institutions regularly update their electronic hardware, replacing devices that are no longer state-of-the-art but are still perfectly functional. Startups have recognized a niche: repairing and recycling equipment for users who don’t need to be on the absolute cusp of the latest technology.
Beating the heat – that’s become the imperative for many places in the northern hemisphere this summer. Start-up Green City Solutions from the eastern regional state of Brandenburg has come up with an interesting way to cool off urban areas.
The humble heat pump’s monster big brother is going to play a major role in industrial processes and district heating in Europe’s largest economy. Experts say industrial applications abound.
According to figures from the Federation of the German Heating Industry (BDH), 25 percent more new heat pumps were delivered in the country in the first half of 2022 than in the same period the year before.
German chemicals multinational BASF has begun construction on a test plant for recycling batteries in town of Schwarzheide the eastern regional state of Brandenburg. The new facility represents an expansion of the company’s activities in this area.
The European Commission has given the German government a green light for its massive Federal Support for Efficient Heating Networks (BEW) program. The initiative will see some EUR three billion spent between mid-September 2022 and 2026 to make heating in Germany more sustainable.
Stuttgart company EQOS Energie has been charged with building the final fifteen kilometers of a 140-kilometer-long, 380 kV overhead electricity connection of the two northern European neighbors. The overhead power lines will allow for the international transport of electricity generated by wind turbines on the North Sea coast.
BASF/MAN
