Innovation Fund

€5.2 billion of EU Emissions Trading revenues earmarked for clean transition technologies under the Innovation Fund

The European Commission has announced the opening of three new funding opportunities under the Innovation Fund with a total budget of €5.2 billion in EU Emissions Trading System (EU ETS) revenues. The 2025 Net-Zero Technologies call with a budget of €2.9 billion, the third auction for hydrogen production under the European Hydrogen Bank with €1.3 billion, and the first-ever auction for decarbonisation of industrial process heat under the …

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Commission earmarks €4.6 billion to boost net-zero technologies, electric vehicle battery cell manufacturing and renewable hydrogen under the Innovation Fund

The Commission is stepping up its efforts to boost net-zero technologies that are key to ensure the competitiveness of European industry while meeting agreed climate goals. It is launching two new calls for proposals with a budget of €3.4 billion to accelerate the deployment of innovative decarbonisation technologies in Europe, including electric vehicles batteries. It …

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EU invests €4.8 billion of emissions trading revenues into innovative net-zero projects

The Commission has selected 85 innovative net-zero projects to receive €4.8 billion in grants from the Innovation Fund, helping to put cutting-edge clean technologies into action across Europe. For the first time, projects of different scales (large, medium and small, alongside pilots) and with a cleantech manufacturing focus are awarded under the 2023 call for proposals. This is the largest …

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Innovation Fund: 37 large-scale clean tech projects sign grant agreements worth € 3.45 billion supporting the EU’s clean energy transition

The newest batch of highly innovative clean technology projects will receive funding from the EU’s Innovation Fund, one of the world’s largest funding programmes for the demonstration of innovative low-carbon technologies. 36 large-scale projects selected following the third call for large-scale projects and one project from the reserve list of the previous call have signed their grant agreements with …

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Innovation Fund: EU invests €3.6 billion of emissions trading revenues in innovative clean tech projects

The Commission awarded over €3.6 billion to 41 large-scale clean tech projects, to be financed through the EU Innovation Fund. With a focus on the REPowerEU Plan and phasing out Europe’s imports of Russian fossil fuels, these projects cover a wide range of industries, such as cement, steel, advanced biofuels, sustainable aviation fuels, wind and solar energy, and …

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