US EditionEU to spend €2.9bn on 61 new net-zero climate projects
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EU Commission invests almost €3bn in clean tech projects - EnviroNews - latest environment news, climate change, renewable energy
The European Commission announced on Monday, November 3, 2025, to fund different innovative projects in Europe aimed at reducing climate-damaging emissions with a total of €2.9 billion ($3.3 billion). The 61 selected initiatives span across 19 industrial sectors and 18 European countries. “The focus is on energy-intensive industries, renewable energy and energy storage, net-zero mobility and buildings, cleantech manufacturing and industrial carb…
H2-View News: Europe to invest €2.9bn in industrial net zero projects
The funding will come from the Innovation Fund, using up to €40bn in revenues from the EU Emissions Trading System. The selected projects, drawn from 359 applications, span 19 industrial sectors and focus on energy-intensive industries, renewable energy and energy storage, net zero mobility and buildings, cleantech manufacturing and industrial carbon management. They include Luxia, Spain
The European Commission will allocate €2.9 billion under the Innovation Fund to promote net-zero technology projects. Grants will be awarded to 61 projects that have a high potential to reduce greenhouse gas emissions in various sectors, Brussels announced today.
Brussels - The European Commission announced today that it will allocate €2.9 billion (CZK 70.6 billion) from the EU Innovation Fund to finance a total of 61 projects that support innovative low-carbon technologies. One project from the Czech Republic will also receive the money, which concerns the production of new IVECO intercity buses powered by hydrogen fuel cells. The Commission announced this today.
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