28 Jul 2021
Innovation Fund mobilises €122 million for projects to help decarbonise economy
On 27 July 2021, the European Commission announced an investment of €118 million in 32 projects designed to contribute to the decarbonisation of the European economy. Located in 14 EU member states, Iceland and Norway, the projects aim to bring low-carbon technologies to the market in the energy-intensive, hydrogen, energy storage and renewable 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.