The EC has approved an Austrian aid scheme worth €100 million to support clean technologies

The European Commission has approved an Austrian programme worth €100 million to support production capacity in the clean technology (cleantech) sector, in line with the objectives of the Clean Industry Agreement (CISAF). This is stated in a press release from the institution.

This initiative will complement another Austrian programme approved by the EC in December 2025 for a similar amount and with identical objectives.

Support under the new programme will be provided in the form of subsidised loans. It will be open to SMEs as well as large enterprises investing in strategic sectors such as batteries, solar panels or wind turbines in Austria. State aid may be granted until 31 December 2026.

The European Commission has concluded that the Austrian scheme meets the conditions set out in the CISAF. In particular, it will stimulate the production of clean technologies, as well as their key specific components.

It should be noted that at the end of February this year, the EC approved a €1.1 billion state aid scheme in France to support strategic investments that add clean technology production capacity.

The French scheme encourages investment in the production of additional zero-emission capacity using technologies such as solar, offshore or onshore wind, as well as heat pumps and battery technologies. It covers costs associated with key specific components and critical raw materials.

  • Companies

Tata Steel is moving towards expanding its capacity to 40 million tonnes per year

The Indian steelmaker Tata Steel is making progress towards its long-term goal of expanding its…

Saturday July 4, 2026
  • Global Market

China increased stainless steel production by 2% y/y in May

In May, China increased its production of crude stainless steel by 2 per cent month-on-month…

Friday July 3, 2026
  • Companies

Zaporizhcoke reduced output by 3.6% m/m in June

PJSC Zaporizhcoke, one of Ukraine’s largest producers of coke for the metallurgical industry, saw its…

Friday July 3, 2026
  • Companies

Hydnum Steel has secured €60 million for the construction of a green steel plant

The Spanish company Hydnum Steel (HS) has secured €60 million in funding as part of…

Friday July 3, 2026
  • Global Market

Japanese steelmakers are concerned about the implications of the EU’s new protective measures

Five Japanese industry groups representing the country’s steel sector have issued a joint statement criticising…

Friday July 3, 2026
  • Global Market

Qatar and Algeria are set to double the capacity of their joint steelworks

Algeria and Qatar have reached an agreement to expand the capacity of their joint steelworks…

Friday July 3, 2026