In the Fourth Mission Innovation Ministerial meeting, a new 100 million euro investment fund namely Breakthrough Energy Ventures Europe (BEV-E), was established by the European Commission, the European Investment Bank and Breakthrough Energy Ventures. The fund will help develop innovative European companies and bring radically new clean energy technologies to the market. It will support Europe's best clean energy entrepreneurs whose solutions can deliver significant and lasting reductions in greenhouse gas emissions. The first of its kind, it caters to the capital intensity and long development horizons suitable for energy technologies.
Source : https://bit.ly/2WxxY4f

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