Tax credit for investments in green industries- Batteries
France introduced in 2024 a tax credit for industrial investments in 4 key sectors, as part of its Green Industry Law aimed at decarbonising the domestic industry, as well as developing domestic low-carbon production capacities.
Battery, heat pump, wind and solar PV equipment new production projects across the entire value chain benefit from a 20% investment tax credit. Small and Medium-sized Enterprises, as well as project beneficiaries operating in regions recognised under the European Commission Regional Aid Guidelines (RAG), benefit from higher tax credit rates.
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