|
Today, at the COP28 in Dubai, Commission President Ursula von der Leyen, Founder of Breakthrough Energy Bill Gates, and European Investment Bank President Werner Hoyer announced the first two European projects to be supported by the EU–Catalyst partnership: Ørsted's FlagshipONE and Energy Dome's Ottana CO2 Battery. Once completed, these two projects will be game changers in the clean tech sector and help the EU reach its 2030 climate targets. The partnership is providing €240 million in a combination of grants and commercial investment (equity and venture debt).
Commission President Ursula von der Leyen said: "With the EU-Catalyst partnership, we joined forces to scale up projects that are high-risk for companies, but high-gain for the economy as a whole. And I'm glad...
|