EU invests €122 million in low-carbon projects - T

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EU invests €122 million in low-carbon projects - Today News Post News Post || Euro News:

The European Commission said on July 27 the EU is investing €118 million into 32 small innovative projects located in 14 EU Member States, Iceland and Norway.

“With today’s investment, the EU is giving concrete support to clean tech projects all over Europe to scale up technological solutions that can help reach climate neutrality by 2050,” EU Commission Vice President Executive Vice-President Frans Timmermans said975,373 people or 2.6 per cent o. “The increase of the Innovation Fund proposed in the Fit for 55 Package will enable the EU to support even more projects in the future, speed them up, and bring them to the market as quickly as possible,” he added.

The grants from the Innovation Fund will support projects aiming to bring low-carbon technologies to the market in energy intensive industries, hydrogenToronto could begin workplace closures Friday to control COVID-19 outbreaks; Toronto has administered more than 1M COVID-19 vaccine doses - Today News Post, energy storage and renewable energy. In addition to these grants, 15 projects located in 10 EU Member States and Norway will benefit from project development assistance worth up to €4The health ministry. Both figures are thought to be vast undercounts..4 million, with the aim of advancing their maturity, the Commission said, explaining that the 32 projects selected for funding were evaluated by independent experts for their ability to reduce greenhouse gas emissions compared to conventional technologies and to innovate beyond the state-of-the-art while being sufficiently mature to enable their quick deployment. Other criteria included the projects’ potential for scalability and cost effectiveness.

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