The EU Innovation Fund is one of the world’s largest funding programmes for demonstrating innovative technologies that help reduce carbon dioxide emissions. The goal of the fund is to bring industrial solutions to market between 2020 and 2030 to reduce carbon dioxide emissions in Europe and support its transition to climate neutrality. A total of 311 projects applied for funding in this current round, and seven were selected to share the EUR 1.1 billion allocated.

Awarded large-scale projects

The results of the first call for large-scale projects were published on 16 November 2021. 7 projects aiming to bring breakthrough technologies to the market in  energy-intensive industries, hydrogen, renewable energy; and carbon capture, use and storage were pre-selected for grant agreement preparations.

The grant agreements were signed in March 2022 for all 7 projects. You can find the award decision in the legal framework section 

Check out the project factsheets featured below to learn more about each project.

Energy intensive industries

   Biofuels and biorefineries

  • Beccs Stockholm: Bio Energy Carbon Capture and Storage by Stockholm Exergy


  • ECOPLANTA: Reduction of CO2 Emissions from municipal non-recyclable waste to produce methanol

   Iron and steel

  • HYBRIT demonstration: Swedish large-scale steel value chain demonstration of Hydrogen Breakthrough Iron-making Technologies

   Cement and lime

  • K6 Program


  • SHARC: Sustainable Hydrogen and Recovery of Carbon

Renewable energy

   Solar energy

  • TANGO: ITaliAN PV Giga FactOry

Carbon capture, use and storage

   CO2 capture and storage

  • Kairos@C: Building strong momentum for massive decarbonisation in the EU through a unique end-to-end CCS project

Best practices and statistics from previous Calls for Proposals

This set of documents aims to support applicants to the Innovation Fund in preparing successful bids. The first document consolidates best practices and mistakes to avoid, following an analysis of the 2020 calls for large- and small-scale proposals. The second document presents the most relevant statistics on proposals submitted in the First Call for Large-Scale Projects.

Overview of the second call for large-scale project proposals

The second call for large-scale projects was launched on 26 October 2021. With a budget of EUR 1.5 billion, which is increased by 50% compared to the previous call, it will finance breakthrough technologies for renewable energy, energy-intensive industries, energy storage, and carbon capture, use and storage.

The deadline to submit a full application was 3 March 2022 and we received 138 applications in all eligible categories.

The information on the evaluation results will be provided in the third quarter of 2022 and grants will be awarded in the last quarter of 2022.



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