European Council passes vote in favour of Net-Zero Industry Act, to come into force in June
- Admin
- May 29, 2024
- 1 min read
The European Council has adopted the EU’s Net-Zero Industry Act after just over a year of discussion to encourage investment in clean energy manufacturing. The Act sets a target for European manufacturers to meet at least 40% of the EU’s annual renewable energy deployment needs by 2030. This legislative process aims to bolster the clean energy manufacturing industry and address the imbalance in the European renewables manufacturing sector.
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