[SMM PV News] EU Approves €500M Cleantech Scheme for Luxembourg

Published: Mar 31, 2026 17:05

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The European Commission has approved a €500 million state aid scheme for Luxembourg to support the manufacturing of clean technologies, including solar, wind, and batteries. Operating under the Clean Industrial Deal State Aid Framework ('CISAF'), the initiative will provide direct grants to local companies until December 2030. This marks the first 'CISAF' scheme for a small Member State. The funding aims to expand local capacity, boosting efforts by companies like 'Solarcells', which recently began producing Luxembourg's first domestic solar panels. This follows similar 'CISAF' approvals for Greece (€400 million) and Germany (€3 billion) to accelerate Europe's net-zero transition.

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