Almost all of the winning projects involve renewable energy production, mostly from solar photovoltaic (PV) installations, but also wind, pumped hydro and tidal energy.
The awardees include two projects from the Baltic region, five from the Atlantic, seven from the West Mediterranean and 14 from the East Mediterranean. They are spread across 40 EU islands in 10 countries. Combined, these projects are expected to generate nearly EUR 1 billion in investments from a wide range of stakeholders.
NESOI is a Horizon2020 project set up in 2019. The consortium of partners behind it includes E.ON Innovation, which alone will support six of the projects spread across 14 European islands, the company said.
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