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EU islands facility NESOI to support 28 clean energy projects

Green Energy

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A total of 28 innovative clean energy projects have been selected to receive EUR 3.2 million (USD 3.9 million) in financial, technical and legal assistance under the NESOI facility, that was launched by the European Commission to support islands in driving the energy transition, according to a report by Renewables Now.

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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