EU Innovation Fund: new bio-based projects selected for their innovative clean technologies

The European Commission is awarding over €3.6 billion to 41 large-scale clean tech projects, to be financed through the EU Innovation Fund.
Among those selected, 2 new bio-based projects were spotted for their promising contribution to decarbonization, and for their relevance for the R&I world in biotechnology and bioenergy:  
  • BioOstrand - The first commercial deployment of solid biomass-and-power-to- Sustainable Aviation Fuels technology line-up aims to design, build and operate the world’s first large-scale biorefinery to produce renewable Sustainable Aviation Fuels (SAF) and naphtha. Also, it will deploy a breakthrough Anything-to-Liquid (XTL) pathway, solid biomass gasification and Fischer-Tropsch synthesis with an electrolysis utilising 100% renewable energy in a world-leading commercial scale biorefinery. Led by Biorefinery Östrand AB (Sweden);
  • Lignode One - Sustainable bio-based anode material for batteries intends to construct a commercial scale plant to manufacture Lignode®, a material that provides an alternative to natural and synthetic graphite; this is made from lignin, a by-product in the production of cellulose fibre. The project aims to provide the EV battery industry with this advanced bio-based technology. Led by Stora Enso Oyj (Finland).  
Launched in November 2022, EU Innovation Fund’s third call for large-scale projects received 239 applications. Through these 41 projects selected, the EU is committing € 3.6 billion to bring innovative technologies to the market in energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. 

Read the EC press release (13/07/2023)