A total of €359 million has been allocated to seven projects, most of which involve renewable energy technologies or energy efficiency. Renewable energy technologies are one of the bank's priority lending objectives for 2007.
Launched in June of this year, the RSFF was set up with the goal of improving access to financing for the promoters of research and innovation projects. Currently the uncertain, risky nature of these initiatives makes it harder for them to attract financing. The scheme is financed jointly by the European Commission (through the Seventh Framework Programme) and the EIB.
According to the European Commission and the EIB, there has been significant demand for funding in a range of priority sectors under the Lisbon Agenda, as well as from European Technology Platforms (ETPs) and Joint Technology Initiatives.
Two of the projects slated to receive RSFF funds involve solar thermal power plants in Spain. The Andasol Solar Thermal power plant, which lies some 60 km southeast of Granada, will receive €120 million of funding. The plant consists of a field of parabolic troughs along which a vacuum tube circulates a fluid which heats up to over 400°C. This heat is then used to produce power in a vapour turbine.
The second solar plant, the Solucar Solar Thermal power plant near Seville, uses an alternative technology. Here, a field of mirrors will concentrate the sun's rays onto a thermal receiver mounted on the top of a tower. It will receive funds of €50 million.
Meanwhile, Spanish company Abengoa is set to receive €49 million from the RSFF for projects in a range of renewable energy sectors, including bioethanol, hydrogen and fuel cells.
AVL is an Austrian technology and engineering specialist focusing on powertrain/engine and related technologies and is a member of the ETP for embedded systems (ARTEMIS). Its €30 million loan will support the development of clean and efficient automotive power trains. The project also involves research into hydrogen fuel technologies and energy technologies designed to improve energy efficiency.
A €30 million loan also goes to German company Eberspächer, which will use the funds to further develop its work in exhaust technology and heating systems for cars and trucks.
Biotechnology is the subject of one of the projects financed; Spanish firm Zeltia will receive €30 million to develop and commercialise potential cancer drugs. As Zeltia's work focuses on rare or orphan diseases, funding is sometimes hard to come by, making the RSFF loan especially valuable.
The last loan goes to a research and innovation facility for the automotive sector. This facility involves a guarantee scheme which will help automotive suppliers finance their research activities by the sale and lease-back of their intellectual property rights to Deutsche Leasing, a leading leasing institute in Germany.
Virginia Mercouri | alfa
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The world's highest gain high power laser amplifier - by many orders of magnitude - has been developed in research led at the University of Strathclyde.
The researchers demonstrated the feasibility of using plasma to amplify short laser pulses of picojoule-level energy up to 100 millijoules, which is a 'gain'...
Staphylococcus aureus is a feared pathogen (MRSA, multi-resistant S. aureus) due to frequent resistances against many antibiotics, especially in hospital infections. Researchers at the Paul-Ehrlich-Institut have identified immunological processes that prevent a successful immune response directed against the pathogenic agent. The delivery of bacterial proteins with RNA adjuvant or messenger RNA (mRNA) into immune cells allows the re-direction of the immune response towards an active defense against S. aureus. This could be of significant importance for the development of an effective vaccine. PLOS Pathogens has published these research results online on 25 May 2017.
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Physicists from the University of Würzburg are capable of generating identical looking single light particles at the push of a button. Two new studies now demonstrate the potential this method holds.
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An international team of physicists has monitored the scattering behaviour of electrons in a non-conducting material in real-time. Their insights could be beneficial for radiotherapy.
We can refer to electrons in non-conducting materials as ‘sluggish’. Typically, they remain fixed in a location, deep inside an atomic composite. It is hence...
Two-dimensional magnetic structures are regarded as a promising material for new types of data storage, since the magnetic properties of individual molecular building blocks can be investigated and modified. For the first time, researchers have now produced a wafer-thin ferrimagnet, in which molecules with different magnetic centers arrange themselves on a gold surface to form a checkerboard pattern. Scientists at the Swiss Nanoscience Institute at the University of Basel and the Paul Scherrer Institute published their findings in the journal Nature Communications.
Ferrimagnets are composed of two centers which are magnetized at different strengths and point in opposing directions. Two-dimensional, quasi-flat ferrimagnets...
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