An engineer carries a DualSun SAS hybrid solar panel (PVT) onto the roof of a home during a residential installation in Saint Denis en Bugey, France, on March 3, 2023. /CFP
An engineer carries a DualSun SAS hybrid solar panel (PVT) onto the roof of a home during a residential installation in Saint Denis en Bugey, France, on March 3, 2023. /CFP
The French government will offer a new tax credit covering business investments in wind and solar power, heat pumps and batteries as part of a green industry push, President Emmanuel Macron said on Thursday.
The measure, due to be included in next year's budget, is expected to generate private investments totaling 20 billion euros by 2030 and create tens of thousands of jobs.
Macron also said that a green industry bill will be presented next Tuesday, including plans to ramp up investment in training and halve the time it takes to set up a new factory in France.
He added that French state aid for the purchase of electric vehicles will be reserved to those made in Europe.
Source(s): Reuters