InnoEnergy, the impact investor industrialising clean tech innovation, unveils plans to double down on its impact by mobilising up to €160 billion in clean tech investment by 2030. To reflect this ambition, InnoEnergy today launches its new brand. InnoEnergy’s plan follows the European Union’s recently published Clean Industrial Deal, which underscores the critical role of clean technology in driving economic growth. The confirmed 2040 climate targets are set to provide long-term investment certainty for the sector and strengthen Europe’s appeal as a key destination for clean tech capital. Diego Pavia, CEO of InnoEnergy, said: “We know first-hand that transformation is hard. Our growth strategy sends a clear signal: we are staying the course, tackling the complexities of industrialising clean technologies head on. Europe has a strong industrial base and the most ambitious and stable regulatory framework reaffirmed by the Clean Industrial Deal. With a maturing pipeline of clean industrial newcomers ready to scale, growth financing is critical, and our plan directly addresses this market need.” InnoEnergy’s five-year growth strategy is designed to mobilise up to €160 billion in clean tech investment by 2030, covering equity, debt, grants, and project finance. A key driver of this growth will be the establishment of new funds aimed at bridging the clean tech financing gap. InnoEnergy also plans to launch additional high-impact industrial ventures in energy-intensive sectors, and expand strategic value chain initiatives into emerging sectors to accelerate the development of new clean tech markets. Elena Bou, Innovation Director at InnoEnergy, commented: “The energy transition is more than an environmental imperative – it’s the basis for a profound industrial, economic and societal transformation that demands bold action to ensure clean tech innovation is scaled at speed. Through our new brand, we are signalling to investors, innovators, policymakers, and industrial leaders: we are here to lead, to partner, and to make the hard things happen.” InnoEnergy’s plan builds on its track record from the past 15 years. Achievements include supporting more than 500 startups, including the creation of five industrial champions covering batteries, steel and fertilisers; its lead role in shaping the European battery, green hydrogen, and solar PV industrial value chains; and the launch of the EBA Strategic Battery Materials fund and the Santander InnoEnergy climate fund.
President Nicușor Dan has nominated Senate president Ilie Bolojan, a leader of the National Liberal Party (PNL) and former interim president, for the prime minister seat. Dan said Bolojan is “the best person to carry out the needed adjustments in the state administration.” He pointed to Bolojan’s track record with reducing spending, and said he has […]
Balkanik Festival – Home of World Music, set to take place at Uranus Garden between September 5 and September 7, lines up this year artists who "celebrate that form of joy that does not ignore reality, but faces it with beauty, energy, and solidarity," the organizers said. The artists performing in September in Bucharest will […]
The mayor of Timișoara, Dominic Fritz, announced on Friday, June 20, that two new bridges over the Bega River will be built in the city. The bridges will be financed with EU-backed funds worth over RON 130 million. The bridges in question are the Solventul Bridge, which will connect Gării Street to Dâmbovița Boulevard and […]
A Sarmatian necropolis nearly 2,000 years old was discovered after archaeological excavations were carried out at the Mehala II site in the municipality of Timișoara, in western Romania. Researchers discovered 15 inhumation graves, most arranged in rectangular pits with rounded corners, although some no longer retain their original outline, having been disturbed by the passage […]
The George Enescu Philharmonic Orchestra will deliver on June 26 a concert marking Romania Day at the Osaka World Expo. Additionally, the Bucharest-based orchestra will present a series of other concerts and recitals, both within the Romanian Pavilion and outside, at Toyonara Hall in Osaka. The George Enescu Philharmonic Orchestra's concerts will be conducted by […]
Sphera Franchise Group, the largest food service group in Romania, has opened its first Cioccolatitaliani store in the seaside resort of Riccione, in Italy’s Rimini tourist area. This marks the official launch of Sphera Group’s development plan for the premium Italian brand of coffee, gelato, and pastry. Under the plan, it will open four locations […]
