The project should contribute to the energy transition, particularly in the fields of renewable energy technologies, smart energy systems, energy storage, and carbon capture utilisation and storage. Projects contributing to the circular economy, such as circular design and production, circular use or circular value recovery can also be supported on a pilot basis under EDP. Projects should demonstrate the commercial viability of pre-commercial technologies or services, or enhance the competiveness of manufacturing processes.

The technologies demonstrated in the project should be innovative in relation to others in the market.

Innovation may relate to a specific technology, processes, products or services. The innovative aspect may consist of the innovative combination or innovative application of existing technologies.

The technologies shall be at pre-commercial level or early commercialisation stages. For example, the successful operation of the technologies should facilitate their subsequent commercial deployment.

The project/investment should be sufficiently mature for demonstration at the proposed commercial scale (technologies validated and demonstrated through previous testing) with reasonable prospects of successful demonstration.

The project shall generate sufficient revenues to have the potential to become bankable.

This requirement relates to all aspects of the project that are relevant for future project performance and loan repayment.

Promoters, sponsors and/or operators must be willing to substantially co-fund the project.

The project should have the potential to be replicated elsewhere with convincing market opportunities and prospects for future cost reductions. Manufacturing plants and services do not necessarily need to comply with this requirement.

• Netherlands: LeydenJar secures EU backing in financing of new battery factory
• France: The EIB, with the support of the European Commission, is co-financing the construction of three floating offshore wind farms for a total of €210 million
• France: EIB, with the support of the European Commission, is financing the construction and operation of a photovoltaic (PV) plant combined with innovative storage technologies in French Guiana
• Sweden: EU further supports innovative battery technology through Nilar
• Germany: EIB provides The Mobility House with €15 million for smart charging technology
• Belgium: EU supports ArcelorMittal with EUR 75m EIB loan to scale up breakthrough technology to reduce carbon emissions
• France: EIB, with the support of the European Commission, is financing the deployment of 150 000 smart boxes to actively manage electricity demand
• Estonia: #InnovFin: EUR 12 million loan from EU to clean tech company Elcogen
• Portugal: EU supports breakthrough wind energy technology with EUR 60 million loan granted by the EIB under InnovFin to Windplus
• Sweden: EU to support Northvolt’s European battery project with InnovFin backing
• Germany: EU bank grants EUR 15m to Oxford Photovoltaics Germany

• InnovFin Energy Demo Projects
• InnovFin Energy Demo Project Eligibility questionnaire