22/08/2019 (Agence Europe) – Pending the launch of the Innovation Fund in 2020, the European Commission decided in early August to reinvest the unspent funds from the NER300 programme to support low-carbon innovation projects under InnovFinEDP, an EU financial instrument managed by the European Investment Bank. Thus, some €73 million will be mobilised for the first three selected demonstration projects. These projects include innovative wave energy technology (Wave Roller), offshore floating wind technology (Windfloat) and ultra-fast charging stations for electric vehicles and battery power storage (Greenway EV Charging Network). InnovFin EDP finances demonstration projects in the areas of innovative renewable energy, carbon capture and storage (CCS), intelligent energy systems and storage. (AN)