?? Cleantech in Iberia: Spotlight on Portugal ???? I had the pleasure of spending two days in Portugal with Cleantech for Iberia, meeting with Jo?o Rui Ferreira State Secretary for Economy and Maria Jo?o Pereira State Secretary for Energy and joining the #websummit. Hearing and seeing firsthand how Portugal is not only setting ambitious climate targets—like achieving 81% renewable energy by 2035—but also taking concrete actions to get there. Here’s how Portugal is walking the talk: ?? Targeted Capital for Deep Tech Innovation: Today’s announcement from the Minister of Economy Pedro Reis revealed a new €100M deep tech fund, with €50M of public funding, aimed at accelerating breakthroughs in clean energy and tech. ? Innovation in Permitting: Portugal is pioneering a one-stop-shop permitting process to streamline project approvals, a critical step to attracting investment and accelerating project timelines in the cleantech sector. Hugo Carvalho ?? Forthcoming Strategies: An energy storage roadmap and a green industrial strategy are on the horizon, demonstrating Portugal’s proactive approach to building a resilient, low-carbon energy system. Rondo Energy REGA ENERGY and Long Duration Energy Storage Council (LDES Council) ?? Decarbonizing Aviation: Portugal’s Alliance for Aviation Decarbonization has the potential to unlock funding for sustainable aviation fuel (SAF) plants, including through favorable tax policies. Project SkyPower ? Supporting Electro-Intensive Industries: With electricity tax reductions in the pipeline, Portugal aims to support its electro-intensive industries and keep them competitive on the global stage—a recommendation echoed in #Mario Draghi’s competitiveness report. ?? Growing Venture Capital Ecosystem: Portugal’s VC landscape is vibrant and expanding, with impactful investors like maze impact, #Hcapital and Portugal Ventures driving growth in cleantech entrepreneurs and companies. Luís Rebelo Ana Campos and Bianca Dragomir (at #cop29) at Cleantech for Iberia thank you for your invaluable insights over these past two days. And what a thrill to come back to the #websummit and to talk onstage about Breakthrough Energy and #insights on game changing cleantechs. ?? Portugal is poised to become a cleantech powerhouse. With the right policy frameworks, innovative public processes, and targeted funding, the country is setting a strong example for sustainable growth and to become a leading #cleanenergy hub for Europe. ????Let’s keep the momentum going—there’s a lot to learn and celebrate here in Iberia!
Pedro Patacho Ruben Eiras cleantech is our focus... may be good to connect on these ambitions?
Julia Reinaud It's inspiring to see Portugal's commitment to deep tech innovation, streamlined permitting processes, and forthcoming strategies for energy storage and green industrial development.
Fantastic news on how Portugal is leading by example in #cleantech! Looking forward to building on this momentum in the coming months!
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??Decarbonizing Energy, Natural Resources & Materials Globally
4 个月Thanks for sharing Julia. With numerous cirrcular economy projects reviewing the location as a possible base for operations in addition to the existing Lithium infrastructure being developed its a fascinating time to explore the region!