EU Approves Greece’s €400 Million Scheme For Cleantech Manufacturing

The European Commission has approved a €400 million Greek state aid scheme aimed at strengthening domestic cleantech manufacturing capacity. The decision was made under the Clean Industrial Deal State Aid Framework, adopted in May 2025 to enable faster approval of public support for clean energy, industrial decarbonization and clean technology production.

The framework forms part of the EU’s broader Clean Industrial Deal strategy, which seeks to accelerate decarbonization while reinforcing Europe’s industrial competitiveness. It is designed to address climate objectives alongside supply chain resilience and manufacturing capacity within the bloc.

 

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Boosting Net-Zero Technology Production

 

According to the Commission, the Greek scheme will support investments that expand manufacturing capacity for net-zero technologies. This includes facilities producing clean technology components and systems, as well as operations using secondary raw materials. The program also covers the production of new or recovered critical raw materials required for final products and key components.

The aid will be provided in the form of direct grants and tax advantages to eligible companies operating in Greece. Support may be granted until the end of 2030.

The Commission stated that the scheme aligns with the objectives of the Clean Industrial Deal by strengthening clean technology production while limiting potential distortions to competition within the single market.

 

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Supporting Industrial Competitiveness and Decarbonization

 

Teresa Ribera, Executive Vice-President for a Clean, Just and Competitive Transition at the European Commission, said the program will ensure additional clean technology manufacturing capacity in Greece. She noted that the €400 million support package will help advance EU decarbonization goals while maintaining safeguards to prevent excessive market distortion.

The approval reflects the EU’s increasing use of targeted state aid tools to accelerate the deployment and domestic production of clean technologies, as the bloc seeks to compete globally while meeting its climate neutrality objectives.