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EON to Cut 5,000 Jobs in Deal to Overhaul German Utilities

EON SE will shed as many as 5,000 jobs in the deal to take over Innogy SE, a move that marks the biggest shakeup in Germany’s energy business in years. The transaction agreed with its rival RWE AG values Innogy at 22 billion euros ($27.1 billion) and will sharpen the focus of Germany’s leading two […]

Hydrogen storages important foundation for solar PV expansion in Europe – German govt scenarios -EQ