On 1 December, at the COP28 in Dubai, the Commission, Breakthrough Energy Catalyst and the European Investment Bank announced the first two European projects to be supported by the EU–Catalyst partnership: Ørsted’s FlagshipONE and Energy Dome’s Ottana CO2 Battery. These two projects aim at being 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).
EU-Catalyst partnership funds first joint projects on climate technologies
