The success of this investment programme, which aims to boost sustainable energy innovation in Europe, is largely based on KIC InnoEnergy’s novel approach to the innovation challenges faced by Europe’s research and business communities. The programme offers a business environment unique in its ability to effectively remove the usual barriers to innovation, such as smart and safe partnering, strong IP protection, and market entry support.

In total, more than 50 innovation projects are currently within KIC InnoEnergy’s Innovation Cycle. All of those projects are directly linked to KIC InnoEnergy’s greater objective of meeting Europe's key energy challenges, which include decreasing energy costs, increasing the availability and security of supply, and reducing carbon emissions. 

“These results show that the right partnerships, competencies and results can emerge, and European innovation can thrive," said Diego Pavia, KIC InnoEnergy’s CEO. "The new call for innovation project proposals that we recently launched has already generated a tremendous amount of interest, and we believe that it will continue to do so until the call ends in April.”

According to Pavia, KIC InnoEnergy invests in projects that have a genuine potential to meet the world’s pressing energy and environmental challenges, while providing them with the platform, partners, tools and financial backing needed to actually realise this potential. "This will translate in new patented technology, products and services, but also ultimately means more competitiveness and jobs for Europe," he explained. .