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Friday, January 12, 2024

CiaoTech - Gruppo PNO successfully supports complex infrastructural projects in the energy sector

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We kick off 2024 with exceptional news: the Northern Lights Phase 2 project, supported by CiaoTech - PNO Group, has been selected to receive funding from the CEF-Energy Program, with a total grant of €131 million!

The project aims to expand the CO2 storage capacity of the Northern Lights initiative from 1.5 to over 5 Mtpa. It includes the expansion of the CO2 import terminal in Øygarden, Norway, and the construction of a 100 km offshore pipeline to the storage site on the Norwegian continental shelf.

PNO supported Northern Lights in submitting proposals to secure funding first for CEF-E studies (2022, €4.2 million) and then for CEF-E Works (2023, €131 million).

CiaoTech - PNO Group has developed unique expertise in supporting complex infrastructural projects in the energy sector, such as CCUS, hydrogen, and decarbonization. They have provided assistance to major European industries in applying, realizing, and implementing EU funding, including the Innovation Fund and CEF Programs.

More information on funded CEF-Energy projects can be found here.

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