{"id":10141,"date":"2024-12-20T06:20:22","date_gmt":"2024-12-20T06:20:22","guid":{"rendered":"https:\/\/jewellerynewsindia.com\/?p=10141"},"modified":"2024-12-20T06:25:56","modified_gmt":"2024-12-20T06:25:56","slug":"diamond-foundry-gets-e81-million-in-eu-funding","status":"publish","type":"post","link":"https:\/\/jewellerynewsindia.com\/index.php\/2024\/12\/20\/diamond-foundry-gets-e81-million-in-eu-funding\/","title":{"rendered":"Diamond Foundry gets \u20ac81 million in EU funding."},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

The European Commission has approved \u20ac81 million in Spanish state aid to help Diamond Foundry<\/a> Europe build a semiconductor-grade synthetic diamond production plant in Trujillo, Extremadura, Spain. The new \u20ac675 million factory will use innovative plasma reactor technology to manufacture synthetic diamond wafers for industries like as 5G networks and electric automobiles.<\/p>\n\n\n\n

The factory, which will be carbon-neutral and run on renewable energy, is estimated to create 300 direct jobs as well as extra indirect job opportunities. With an annual production capacity of 4-5 million carats, this venture is consistent with EU aims for economic development, job creation, and the green transition.<\/p>\n\n\n\n

The Commission judged the measure necessary, proportional, and in accordance with EU state aid criteria, emphasizing its positive regional impact while minimizing competitive distortions.<\/p>\n\n\n\n

Teresa Ribera, Executive Vice-President for Clean, Just, and Competitive Transition<\/a>, commented, “Today’s decision allows Spain to assist Diamond Foundry<\/a> Europe in establishing its first factory in Europe to produce semiconductor-grade rough synthetic diamonds.” This will help to accelerate the transition to a low-carbon economy while also increasing competition. The policy will also help the region’s economic development while limiting potential competitive distortions.”<\/p>\n","protected":false},"excerpt":{"rendered":"

The European Commission has approved \u20ac81 million in Spanish state aid to help Diamond Foundry Europe build a semiconductor-grade synthetic diamond production plant in Trujillo, Extremadura, Spain. The new \u20ac675 million factory will use innovative plasma reactor technology to manufacture synthetic diamond wafers for industries like as 5G networks and electric automobiles. The factory, which […]<\/p>\n","protected":false},"author":1,"featured_media":10142,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\nDiamond Foundry gets \u20ac81 million in EU funding. - JNI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jewellerynewsindia.com\/index.php\/2024\/12\/20\/diamond-foundry-gets-e81-million-in-eu-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Diamond Foundry gets \u20ac81 million in EU funding. - JNI\" \/>\n<meta property=\"og:description\" content=\"The European Commission has approved \u20ac81 million in Spanish state aid to help Diamond Foundry Europe build a semiconductor-grade synthetic diamond production plant in Trujillo, Extremadura, Spain. 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href=\"https:\/\/jewellerynewsindia.com\/index.php\/uncategorized\/\" rel=\"category tag\">Uncategorized<\/a>","rttpg_excerpt":"The European Commission has approved \u20ac81 million in Spanish state aid to help Diamond Foundry Europe build a semiconductor-grade synthetic diamond production plant in Trujillo, Extremadura, Spain. The new \u20ac675 million factory will use innovative plasma reactor technology to manufacture synthetic diamond wafers for industries like as 5G networks and electric automobiles. The factory, which…","_links":{"self":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts\/10141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/comments?post=10141"}],"version-history":[{"count":1,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts\/10141\/revisions"}],"predecessor-version":[{"id":10144,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts\/10141\/revisions\/10144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/media\/10142"}],"wp:attachment":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/media?parent=10141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/categories?post=10141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/tags?post=10141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}