EU will invest €122 million in innovative projects to decarbonise the economy


On 27 July 2021, the European Commission published the results of the Innovation Fund call aiming to bring to the market industrial solutions to decarbonise Europe and support its transition to climate neutrality. The grants will support 32 successful projects aiming to bring low-carbon technologies to the market in energy intensive industries, hydrogen, energy storage and renewable energy. The selected projects cover a wide range of relevant sectors to decarbonise different parts of Europe's industry and energy sectors. In addition to these grants, 15 projects located in 10 EU Member States and Norway will benefit from project development assistance worth up to €4.4 million, with the aim of advancing their maturity.

More information can be found in the official press release.