Portugal: EUR 350 million direct grant scheme to support green technology equipment and raw materials

Announcement

01 Mar 2024

In March 2024, the European Commission approved a Portuguese direct grant scheme to support the production of various equipment needed for the transition to a net-zero economy as well as raw materials.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Mar 2024

Revocation date:

No revocation date

Financial grant In force

On 1 March 2024, the European Commission approved a EUR 350 (USD 386) million financial grant scheme from Portugal. The state aid will "incentivise investments" in the production of "batteries, solar ...

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