US EditionCommission Awards €2,9bn From Innovation Fund to 61 Net-Zero Technology Projects - Hydrogen Included
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The EU invests €2.9 billion to accelerate net-zero technologies
The European Commission has announced a boost for Europe’s clean technology ambitions by investing €2.9 billion from the Innovation Fund to support 61 groundbreaking net-zero technologies across the continent The funding is expected to accelerate the deployment of innovative net-zero technologies that can help Europe achieve its target of climate neutrality by 2050. A push for decarbonisation The selected projects cover 19 industrial sectors and…
Commission awards €2,9bn from Innovation Fund to 61 net-zero technology projects - hydrogen included
Commission awards €2,9bn from Innovation Fund to 61 net-zero technology projects – hydrogen included The European Commission has awarded €2.9 billion in grants to 61 projects under the EU’s Innovation Fund, backing the deployment of net-zero and low-carbon technologies across multiple industrial sectors. The funding is drawn from revenues of the EU Emissions Trading System (ETS). The Innovation Fund is one of the world’s largest programmes for b…
The European Commission has just announced that it has granted new funding to 61 projects in the field of "net zero" technologies. Through the Innovation Fund, €2.9 billion will be used for 19 industrial sectors, 18 countries and 20 countries.
H2-View News: These European hydrogen projects have won a share of €2.9bn
In the latest Innovation Fund round, financed through revenues from the EU Emissions Trading Scheme (ETS), the European Climate, Infrastructure and Environment Executive Agency (CINEA) awarded grants to 61 Net Zero projects across 19 sectors and 18 countries. Wopke Hoekstra, Commissioner for Climate, Net Zero, and Clean Growth, said the funding will turn European climate ambitions into an industrial reality. Project developers will move into t…
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