Climate Action

Small is beautiful: How can the Innovation Fund foster innovative clean tech small-scale projects?

19/11/2020

Ahead of the upcoming call for small-scale projects of the Innovation Fund, representatives of industry and the financial world gathered virtually on 19 November to discuss how private and private finance can help bring small innovative clean tech projects to the market.

With its around €10 billion of support over 2020-2030, the Innovation Fund is one of the world’s largest funding programmes for the demonstration of innovative low-carbon technologies, aiming to bring to the market industrial solutions to decarbonise Europe.

It is a key funding instrument to deliver on the EU climate goals under the European Green Deal and reinforce European technological leadership on a global scale.

The second call for proposals under the Innovation Fund will be launched in December 2020, focusing on small-scale projects in renewable energy, energy-intensive industries, energy storage, and carbon capture, use and storage, with total capital costs below EUR 7.5 million. The funding of projects under this call will contribute to Europe’s green recovery by helping businesses invest in clean energy and clean industry to boost economic growth, create local jobs and give a competitive advantage to EU industry.

In the format of an interactive roundtable, the virtual conference focused on how the call for small-scale projects under the Innovation Fund can help innovative clean tech projects take off and reach the market. Speakers and participants also discussed the specific features of projects in terms of their innovation potential, ability to achieve financial close faster as well as associated risks.

Watch the recording and discover best practices and lessons learnt on innovative small-scale clean tech projects.

Agenda

10.00 Opening remarks - Keynote “Innovation Fund: main features of the small-scale call” - Christian Holzleitner, Head of Unit, DG CLIMA

10.15 Panel session - Roundtable “How can the Innovation Fund foster innovative clean tech small-scale projects?”

  • Diego Pavía, CEO, InnoEnergy
  • Nicola Rega, Climate and Energy Manager, European pulp and paper industry association
  • Nicolas Stephan, Investment Director, ADEME Investissement
  • Rob van der Meij, Partner, Capricorn Partners
  • Alessandro Boschi, Head of Division Renewable Energy, European Investment Bank

11.10 Panel session - Q&A

11.30 Closing of virtual conference

Presentations

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