Thessaloniki gets ready for its metro launch in November
The underground rapid transit lines have been under construction for almost two decades due to various project delays
The call is aimed at kickstarting an economic recovery of the European Union with an eye towards a sustainable future
Today the European Commission opened its first call for proposals announcing that it has earmarked EUR 1 billion through its newest program, called the Innovation Fund. The money is meant for larger projects which can prove they are market-ready and able to help make the economy of the Old Continent carbon-neutral by the end of the decade.
The idea behind this new financial incentive is to make European innovators global leaders in the field of clean technology. To that end, successful applicants will be able to receive grants covering up to 60% of the costs necessary to speed up the introduction of their products on the market.
The beneficiaries will be selected among applicants who are involved in revolutionizing the energy sector. These will be entrepreneurs involved in: Renewable energy; Energy-intensive industries, including Carbon capture and utilization (CCUS); Energy storage, and Substitute products.
Innovation Fund diagram. Source: European Commission
“This call for proposals comes at just the right time. The EU will invest €1 billion in promising, market-ready projects such as clean hydrogen or other low-carbon solutions for energy-intensive industries like steel, cement and chemicals. We will also support energy storage, grid solutions, and carbon capture and storage. These large-scale investments will help restart the EU economy and create a green recovery that leads us to climate neutrality in 2050,” declared EC Executive Vice-President Frans Timmermans.
The move is seen as a form of encouragement towards other interested stakeholders to also invest in low-carbon technologies. Projects which are not considered market-ready, yet can show that they have potential, will also be eligible to seek assistance from a smaller fund of EUR 8 million.
The underground rapid transit lines have been under construction for almost two decades due to various project delays
Now you can get your wine in Talence by paying directly in Bitcoin
That’s because the state has to spend money on updating the railway infrastructure rather than subsidizing the cost of the popular pass
Rethinking renewable energy sources for the urban landscape
The examples, compiled by Beyond Fossil Fuels, can inform and inspire communities and entrepreneurs that still feel trepidation at the prospect of energy transition
Now you can get your wine in Talence by paying directly in Bitcoin
The 10th European Conference on Sustainable Cities and Towns (ESCT) sets the stage for stronger cooperation between the EU, national and local level to fast track Europe's transition to climate neutrality.
At least, that’s the promise made by the mayor of Paris, Anne Hidalgo
The underground rapid transit lines have been under construction for almost two decades due to various project delays
At least, that’s the promise made by the mayor of Paris, Anne Hidalgo
Hostal de Pinós is located in the geographical centre of the autonomous region
Despite its church-y name, the district has long been known as the hangout spot for the artsy crowds
Urban dwellers across the EU are having a say in making their surroundings friendlier to people and the environment.
Forests in the EU can help green the European construction industry and bolster a continent-wide push for architectural improvements.
Apply by 10 November and do your part for the transformation of European public spaces
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