Europe approves €920m grant for Infineon Dresden smart power fab

  • Gas
  • February 20, 2025

The European Commission has approved a €920m German aid measure to Infineon for its new semiconductor smart power fab in Dresden.

The measure allows the company to complete the MEGAFAB-DD project and produce a wide range of chips. Work on the site started two years ago and is due to be completed in 2026.

Official funding approval from the Federal Ministry for Economic Affairs and Climate Action (BMWK), responsible for the disbursement of EU Chips Act funding, is still pending and ‘expected within the next few months,’ according to Infineon.

“This government-supported investment by Infineon strengthens the position of Dresden, Germany and Europe as a semiconductor hub and promotes a state-of-the-art innovation and production ecosystem for microelectronics,” said Jochen Hanebeck, CEO of Infineon. “We are increasing semiconductor capacity in Europe and thus helping secure stable supply chains in automotive, security and industrial fields.”

… to continue reading this article and more, please login, register for free, or consider subscribing to gasworld

   

  • Related Posts

    • Gas
    • July 24, 2026
    WEH broadens role with FluidTech rebrand

    By 43 min ago 3 min read Germany’s WEH has rebranded as WEH FluidTech as it seeks to reposition itself from a connection technology specialist to a long-term engineering partner…

    • Gas
    • July 24, 2026
    Analysis: How Mozambique plans to benefit from $50bn LNG pipeline

    Mozambique’s President has urged the country’s private sector to take advantage of a pipeline of liquefied natural gas (LNG) projects worth around $50bn as the country seeks to establish itself…

    Have You Seen?

    Most Gulf Coast Refineries Unaffected by Tropical Storm Bertha

    • July 25, 2026
    Most Gulf Coast Refineries Unaffected by Tropical Storm Bertha

    CG Power Reports Record Q1 FY27 Revenue and Profit as Order Book Surges 45% to INR 17,333 Crore

    • July 25, 2026
    CG Power Reports Record Q1 FY27 Revenue and Profit as Order Book Surges 45% to INR 17,333 Crore

    US Energy Firms Cut Rigs for First Time in Six Weeks, Says Baker Hughes

    • July 25, 2026
    US Energy Firms Cut Rigs for First Time in Six Weeks, Says Baker Hughes

    Oil Falls on Report China Pushing for End US-Iran War

    • July 25, 2026
    Oil Falls on Report China Pushing for End US-Iran War

    PERSPECTIVE: Wind and Solar Have an Important Role – But They Are Energy “Diversification”, Not Energy “Transition”

    • July 25, 2026
    PERSPECTIVE: Wind and Solar Have an Important Role – But They Are Energy “Diversification”, Not Energy “Transition”

    Devon Energy Mulls $4 Billion Sale of Eagle Ford, Powder River Assets, Bloomberg News Reports

    • July 25, 2026
    Devon Energy Mulls $4 Billion Sale of Eagle Ford, Powder River Assets, Bloomberg News Reports

    LONGi Partners with Innoptus and Delft Solar Teams for 2026 American Solar Challenge

    • July 25, 2026
    LONGi Partners with Innoptus and Delft Solar Teams for 2026 American Solar Challenge

    Adani Power Reports Record Q1 FY27 EBITDA as Revenue Rises 28%, Advances 45 GW Capacity Expansion

    • July 25, 2026
    Adani Power Reports Record Q1 FY27 EBITDA as Revenue Rises 28%, Advances 45 GW Capacity Expansion

    Actis Secures IFC, Proparco Investment for Ulug Enerji Grid Upgrades

    • July 25, 2026
    Actis Secures IFC, Proparco Investment for Ulug Enerji Grid Upgrades

    Global LNG Giants Target Cambodia as New Energy Market

    • July 24, 2026
    Global LNG Giants Target Cambodia as New Energy Market