EU approves €960 million Czech aid for investments

Green Forum
The European Commission has approved a €960 million Czech scheme to support investments in strategic sectors to foster the transition to a net-zero economy. 

The scheme contributes to the achievement of the priorities of the European Commission for 2024-2029, based on the Political Guidelines, which call for investments in clean energy and technologies. 

The scheme also contributes to the achievement of the Clean Industrial Deal. The scheme was approved under the State aid Temporary Crisis and Transition Framework (‘TCTF') adopted by the Commission on 9 March 2023 and amended on 20 November 2023 and on 2 May 2024.

Czechia notified to the Commission, under the TCTF, a €960 million scheme to support investments in strategic sectors to foster the transition towards a net-zero economy.

The purpose of the scheme is to support investments for the production of strategic equipment (namely batteries, solar panels, wind turbines, heat-pumps, electrolysers and carbon capture usage and storage), as well as key components designed and primarily used as direct input for the production of such equipment or related critical raw materials necessary for their production.

Under the scheme, the aid will take the form of direct grants. The measure will be open to undertakings of all sizes.  

The Commission found that the Czech scheme is in line with the conditions set out in the TCTF. In particular, the aid (i) will respect the maximum aid ceilings; (ii) will incentivise the production of relevant equipment for the transition to a climate neutral economy; and (iii) will be granted no later than 31 December 2025.

The Commission concluded that the Czech scheme is necessary, appropriate and proportionate to accelerate the green transition and facilitate the development of certain economic activities, which are of importance for the implementation of the Clean Industrial Deal, in line with Article 107(3)(c) Treaty on the Functioning of the EU and the conditions set out in the TCTF.

RECOMMENDED
EU allocates €4.8 billion to net-zero innovation
Environment

EU allocates €4.8 billion to net-zero innovation

The European Commission has selected 85 innovative net-zero projects to receive €4.8 billion in grants from the Innovation Fund, helping to put cutting-edge clean technologies into action across Europe.

RECOMMENDED FROM THE HOME PAGE
Energy

Solar module makers show first financial stability in over a year

The newly published Edition 2 2026 of the PV Module Manufacturer Ranking Report shows the first signs of stabilisation in the solar manufacturing sector's balance sheets after more than a year of steady deterioration. The table tracks the Altman Z-Score, a widely used measure of bankruptcy risk, for 64 publicly listed photovoltaic module manufacturers, and has now been refreshed with first-quarter 2026 data.

Energy

Romanian floating solar pioneer partners with university

The Faculty of Hydrotechnics from the Technical University of Civil Engineering Bucharest and Waldevar Floating PV have signed a strategic partnership to accelerate innovation in renewable energy and prepare the next generation of specialists in floating photovoltaic technologies.

Energy

Rezolv Energy launches Bulgaria's St. George solar park

Rezolv Energy has commissioned the St. George solar park in Silistra, Bulgaria, marking the company's first project to become operational. The 225 MW facility reached full operational status in under three years from acquisition of development rights.