Press Release: State aid: Commission clears Swedish support for wave energy technology project

Author (Corporate)
Series Title
Series Details IP/11/1325 (09.11.11)
Publication Date 09/11/2011
Content Type

The European Commission on the 9 November 2011 authorised Swedish plans to grant SEK139 million (ca. € 15 million) towards the development of a wave energy production demonstration plant by Seabased Industry AB.

The Commission's decision found that the public funding towards the project was compatible with the EU Framework for State aid for research, development and innovation (R&D&I)

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/11/1325&format=HTML&aged=0&language=EN&guiLanguage=en
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