Innovation fund poster - landscape of green city

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