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Sweden’s Mine Storage wins €22M EU grant

Summary by Silicon Canals
Stockholm-based Mine Storage’s pilot project in Norberg, Sweden, has been selected for a €22M grant from the EU Innovation Fund. The grant will support the company’s efforts to enhance grid stability and resilience while integrating renewable energy production. This milestone reflects the Innovation Fund’s commitment to advancing low-carbon technologies, funded by the EU Emissions Trading System (ETS), which reinvests emissions fees from pollute…
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Silicon Canals broke the news in on Monday, October 28, 2024.
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