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Biden Administration Gives $4B in Clean Energy Tax Credits

The Biden administration plans to allocate $4 billion in tax credits to over 100 clean energy projects across 35 states. This initiative hopes to enhance domestic manufacturing of clean energy equipment, covering areas like hydrogen production, wind energy, and battery technology.

Hellas Direct Raises €30M for Climate Insurance

Hellas Direct, a Greek insurtech company, has successfully raised €30M to help create climate-adaptive insurance solutions, focusing on aiding customers in central and southern Europe to adjust to climate change risks like wildfires and floods.

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