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European Commission has launched the third call for small-scale projects under the Innovation Fund which should furthrer encourage the application of industrial solutions for the decarbonization of Europe.
It is expected that the projects financed under this call will contribute to the transition to a climate-neutral economy by 2050, and to the goal of reducing emissions by at least 55% by 2030, as defined in the European Climate Law and the European Green Deal, and the goals set in the RePowerEU plan
Total budget for the call is EUR 100 million and grants will be issued to small-scale projects with a capital expenditure between €2.5 and €7.5 million.
Areas of activity include: renewable energy, decarbonisation of energy-intensive industries, energy storage, and carbon capture, use and storage.
Eligible applicants must be legal entities (public or private bodies), and proposals must relate to activities taking place in EU member states, Norway or Iceland (according to the call document).
Deadline for proposal submissions: 19 September 2023, 17:00 (CEST).
Online Information Day will be held on 20 April as an opportunity to learn more and answer inquiries.
More information you could find on this link.
Source: European Commission
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