Germany's Circular Economy
The circular economy is expected to record annual growth of more than five percent - reaching market volume of EUR 32 billion by 2030.
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The circular economy is expected to record annual growth of more than five percent - reaching market volume of EUR 32 billion by 2030.
Germany's mobility revolution is moving at pace, with electric vehicle infrastructure growing and new service models and battery technologies being developed.
Livista Energy Europe is investing EUR 600 million to set up its first lithium refinery in Europe in Germany, creating around 200 new jobs.
In the first half of 2023, renewably generated electricity met some 52 percent of Germany’s domestic needs.
The European Council has approved new regulations requiring batteries to be far more recyclable. The rules mean novel business opportunities in Germany.
Bavaria’s Eco Stor, a German subsidiary of Norwegian utility company A Energie, has announced plans to construct a record-sized electricity storage battery facility.
Li-Cycle from Canada is commencing operations in a plant for recycling lithium-ion batteries in Sülzetal near the eastern German city of Magdeburg.
An examination carried out by RWTH Aachen University and PwC forecasts that battery recycling will become a profitable enterprise in the EU within the next decade or so.
US company Redwood Materials has acquired Bremerhaven firm Redux Recycling as a first step in a drive to become a major player on the European battery recycling market.
Germany’s regions in structural change are a magnet for international investment and innovation.