Details
- Funding programme or initiative
- Innovation Fund (INNOVFUND)
- Country
- Worldwide
- Lighthouse
- Atlantic and Arctic basinMediterranean Sea basinBaltic and North Sea basinDanube River basin
- Deadline date
- 9 April 2024, 17:00 CEST
- Status
- Closed
- Publication date
- 23 November 2023
- Mission Objectives
- 3. Carbon Neutral and Circular Blue Economy
Description
Objectives
The funding initiative aims to support the manufacturing of innovative clean-tech components in Europe, fostering advancements in hydrogen production/consumption, renewable energy, and energy storage.
The activities eligible for funding encompass the construction and operation of manufacturing facilities producing components for various renewable energy installations such as photovoltaics, concentrated solar power, onshore and offshore wind power, ocean energy, among others.
By supporting the validation and optimisation of manufacturing facilities, the programme will indirectly contribute to the reduction of carbon emissions associated with maritime activities, in line with efforts to promote sustainable practices in ocean-related sectors. In addition, advances in energy storage solutions and carbon capture technologies could have applications in maritime transport and offshore industries, contributing to reducing emissions and promoting sustainable practices in ocean-related activities.
Eligibility
Detailed information on eligible applicants can be found in the call document.
Projects must be located in EU Member States or EEA countries (i.e. Norway, Iceland or Liechtenstein). Project location in EEA countries is currently subject to conditions, and additional details can be found in the call document.
For projects in the maritime sector:
If the projects concern investments in vessels, these vessels must call at ports under the jurisdiction of an EU Member State or EEA country on a regular basis (at least 30% of their annual port calls), or carry out service or support activities in such ports.
If the projects concern investments in port infrastructure (e.g. renewable alternative fuel bunkering infrastructure in ports, including container ports), the ports must be under the jurisdiction of an EU Member State or an EEA country.
Budget
Available budget: EUR 1 400 000 000
Project budgets (maximum grant amount) must be calculated based on the relevant costs, using the relevant cost calculator provided and in accordance with the conditions set out in the guidelines on the relevant cost methodology. The maximum grant amount may not exceed 60% of the relevant costs. Only projects with a total capital expenditure as indicated below will be eligible under this call for proposals.
Duration
Duration may vary. Please see here for details.
Related links
Contact points
Contact the INNOVFUND helpdesk for questions specifically related to the call documentation, application and evaluation process.
