In response to the second EU Innovation Fund call for small-scale projects, the European Commission received 66 applications for innovative clean tech projects in all eligible categories: renewable energy, energy-intensive industries, energy storage, and carbon capture, use, and storage.
The EU is investing over €1.8 billion in 17 large-scale innovative clean-tech projects under the Innovation Fund.
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Innovation Fund signed the first large-scale grants
Innovation Fund's second small-scale call open until 31 August 2022
The second Innovation Fund call for large-scale projects, making €1.5 billion available, closed on 3 March 2022 with 138 project proposals submitted, requesting a total of €12.1 billion.
Today, 27 projects selected for a grant under the first Innovation Fund call dedicated to for small-scale projects signed their grant agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA), the implementing body of the Fund.
The European Union is investing over €1,1 billion into 7 large-scale innovative projects under the Innovation Fund. The grants will support projects aiming to bring breakthrough technologies to the market in energy-intensive industries, hydrogen, carbon capture, use and storage, and renewable energy
The first three projects to be financed since the creation of the Innovation Fund signed their grant agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA), the implementing body of the Fund, during the COP26 side event