EU invests €122 million in low-carbon innovative projects

Using the Innovation Fund, the European Union is investing €118 million into 32 small innovative projects located in 14 EU Member States, Iceland and Norway. The EU will support projects aiming to bring low-carbon technologies to the market in energy intensive industries, hydrogen, energy storage and renewable energy. An additional €4.4 million will be used for project development assistance in 15 projects located in 10 EU Member States and Norway.