Objectives

• To support projects demonstrating highly innovative technologies, processes, business models or products/services, that are sufficiently mature and have a significant potential to reduce greenhouse gas emissions
• To offer financial support tailored to market needs and risk profiles of eligible projects, while attracting additional public and private resources

Among financed actions

• Activities that support innovation in low-carbon technologies and processes
• Activities that help stimulate the construction and operation of projects that aim at the environmentally safe capture and geological storage of CO2
• Activities that help stimulate the construction and operation of innovative renewable energy and energy storage technologies

Additional information

• This call for proposals is an open call for proposals
• Initial duration of the action: 48 months

Eligibility

• Be a legal person

• Total budget of the call: 105 million euro
• Co-financing rate: up to 60% of the total eligible costs
• This grant is a lump sum grant