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Billions from the EU for green marine projects in Western Norway

The EU Innovation Fund has allocated 36.4 billion Norwegian kroner to 77 climate and energy projects in Europe. Funding for the Norwegian projects accounts for 9 percent of this amount. The photo shows an offshore wind turbine off the coast of Norway.
The EU Innovation Fund has allocated 36.4 billion Norwegian kroner to 77 climate and energy projects in Europe. Funding for the Norwegian projects accounts for 9 percent of this total. The photo shows an offshore wind turbine off the coast of Norway. Photo: Enova

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Three Norwegian projects have received a total of 3.3 billion kroner in funding from the EU Innovation Fund. Two of the projects are located in Western Norway: Sirona Technologies will build a facility for direct capture of CO₂ from the air in Øygarden, while Aker Solutions will develop an automated production line for offshore wind components in Stord.

The third project, led by Aker BP and Höegh, aims to develop a new solution for the transport and storage of CO₂ beneath the seabed in the Norwegian Sea.

The three projects are among 77 European climate and energy projects receiving funding through the Innovation Fund. Enova, which serves as the national contact point for the program in Norway, has assisted the companies with the application process.

“I would like to congratulate all the companies that have received grants from the EU Innovation Fund. This shows that Norwegian companies are at the forefront of developing the climate solutions of the future. Together with Enova’s support programs, this can help bring more projects to fruition and lead to significant emissions reductions in the years ahead,” says Minister of Climate and the Environment Sigrun Aasland in a press release.

The grant underscores the importance of innovation in the areas of the ocean, energy, and climate—themes that are central to One Ocean Week.

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