Battery Booster Facility Grant
••••• Fund
A fund based in Belgium
This grant funds European battery cell producers scaling innovative manufacturing technologies for energy storage. It targets companies advancing battery production capacity and innovation in the low-carbon technology space.
About this grant
The Battery Booster Facility is a financing mechanism established by the European Commission to support European battery cell producers during the ramp-up phase of their projects. The facility aims to mobilise up to €1.5 billion from the funder, which is financed through revenues from auctioning allowances from the EU Emissions Trading System (EU ETS). The facility addresses the critical need to strengthen Europe's position in the global battery market and support the transition to climate neutrality by enabling domestic battery manufacturing capacity. …
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Frequently asked questions
- How much funding does this grant offer?
- Battery Booster Facility offers $550M.
- Who can apply for Battery Booster Facility?
- Eligibility covers organisations in EU; startup, sme, large-company. The full eligibility conditions are part of the Pro detail.
Relevant sectors
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