- Sep 03, 2019Germany invests €40bn to transform coal regions
The German cabinet is putting forward legislation allocating 40 billion euros to help coal-producing regions transition to sustainable economies. The money is earmarked for regions in the states of Brandenburg, Saxony, Saxony-Anhalt and North Rhine-Westphalia, and the law is expected to pass the German parliament by the end of this year.
- Aug 22, 2019Germany Gets Top Marks in Renewable Power Production
”The REN21 comprehensive review of nations around the world found that in 2018 Germany had the third-highest total renewable-power capacity (113 gigawatts) after China (404 GW) and the US (180 GW), both of which are far larger countries. 59 gigawatts came from wind, 45 gigawatts from solar, 8.4 gigawatts from biomass and 0.6 from other renewable power sources
- Aug 21, 20196% Increase in German-US Trade thus far in 2019
Economic protectionism may be dominating the headlines. But trade between Ger-many and the US is surprisingly robust
- Aug 14, 2019German EV Charging Stations Up 50%
The German Association of Energy and Water Industries (BDEW) says that the number of public EV charging stations role more than 50 percent from summer 2018 to summer 2019. Germany currently has 20,650 stations, up from 13,500 the previous year. 12 percent of them were rapid charging stations. There are now more EVs on the road in Germany than in any European country.
- Jul 19, 2019Germany pledges €100 million a year for sustainable energy technology testing
The German Federal Ministry for Economic Affairs and Energy has chosen twenty energy research consortiums to be eligible for 100 million euros a year in state funds. Their selection came after a nationwide competition as part of Germany’s “Energiewende” – its transition to renewable and sustainable energies.
- Jun 06, 2019Environmental sector in Germany grows 5.7%
Turnover in Germany’s environmental protection sector rose from 70 to 73.9 billion euros from 2016 to 2017, the country’s Federal Office of Statistics has announced. That continues an impressive track record of growth. 66 billion euros were generated by environmental goods, construction and services in 2015.
- May 27, 2019Germany pumps extra €500m into AI
Germany is serious about its investment in artificial intelligence and is bolstering 2019 funds, originally set at around 140 million euros, available by a cool 500 million euros. A similar investment is foreseen for 2020.
- May 23, 2019German electronics buck economic uncertainty
According to the industry organization ZVEI, Germany exported 54.1 billion euros worth of electronics in the first quarter of 2019 – up 5.8 percent over the same pe-riod in 2018. Growth in March was a particularly impressive 6.7 percent. German electronics imports also rose that month by 8.4 percent.
- May 22, 2019Germany the world’s number two among digital experts
Germany is second only to the US as a potential country to work in for the world’s digital experts. That’s according to a study published by the Boston Consulting Group and the global job platform The Network.
- May 13, 2019New Record: Foreign Direct Investment in Germany
More than 2,000 foreign companies opened up businesses in Germany in 2018 – a new record. The US holds its position as the top investor country leading the way with 345 investment projects and Brexit makes UK firms look abroad.