Hundreds of millions of euros in tax credits for hydrogen projects in Finland

Tax credits for large-scale clean transition investments have been granted to 37 companies. Large-scale investments aimed at climate neutrality are supported by a substantial program implemented by Business Finland, which consists of two parts: grants and tax credits.

Hundreds of millions of euros in tax credits for hydrogen projects in Finland
The rationale behind the investment support program aimed at a climate-neutral economy is the intensifying competition between countries for investments. The aim of the support is to ensure that key industrial investments are made in Finland.

The objective of the investment support program is to promote and accelerate significant industrial investments that reduce industry’s dependence on fossil fuels and promote, in particular, low-carbon and energy-efficient industrial production processes and the transition to a climate-neutral economy.

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Originally published on 19 Dec

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