The Commission has today selected 17 small-scale innovative clean tech projects to receive over €65 million in project support under the EU Innovation Fund. These funds will help companies in Europe, including small businesses, to bring breakthrough technologies to the market in energy-intensive industries, renewable energy, and energy storage. The selected projects cover a wide range of sectors, with a particular focus on manufacturing of components for renewable energy and glass, ceramics, and construction materials. There are also projects in the area of energy storage, solar energy, renewables, iron and steel, refineries, chemicals, cement and lime, and hydrogen.

The selected projects are expected to avoid over 1.8 million tonnes of CO2 equivalent emissions within the first ten years of their operations, contributing to Europe's decarbonisation and clean energy transition. With these new projects, the Innovation Fund expands its geographical reach to cover projects in a total of 24 countries, with Latvian and Hungarian projects receiving support for the first time.