First loan under InnovFin Energy Demo Project provides €10 million to harness ocean wave energy

First loan under InnovFin Energy Demo Project provides €10 million to harness ocean wave energy

A first-of-a-kind demonstration project that converts wave energy into electrical power, which could be a major step forward in the quest to find new sources of sustainable energy, will be built thanks to an EU loan of €10 million from the new InnovFin Energy Demo Project Facility.
Date: 
06/07/2016 - 12:42
Rapid Press Release: 
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InnovFin Energy Demo Project
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Source: 
http://ec.europa.eu/programmes/horizon2020/en/news/first-loan-under-innovfin-energy-demo-project-provides-%E2%82%AC10-million-harness-ocean-wave-energy

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