First Innovation Fund call makes €1 billion available for Clean Tech solutions
The first call for large-scale projects from the Innovation Fund has launched. It calls for projects that will bring to market clean tech solutions needed for the EU to reach climate-neutrality.
€1 billion is available for projects from the following sectors:
Renewable energy
Energy intensive industries
Carbon capture, use and storage
Energy storage.
The Innovation Fund is one of the world's largest funding programmes for demonstration of innovative low-carbon technologies. From 2020 - 2030 the fund may amount to €10 billion depending on the carbon price. It is a key funding instrument for delivering the European Green Deal.
The deadline for proposals is 29th October 2020, learn more here.