Sustainable energy group, InnoEnergy, signed a letter of agreement with the World Alliance for Efficient Solutions to heighten the profile and the impact of energy efficient technologies.
Inked at InnoEnergy’s annual innovation event, the agreement aims to be a watershed for formal collaboration between the two organisations.
Both groups announced that this woulod be the starting point for wider cooperation on a number of regional and global initiatives, which will include business start-ups, industry experts and investors.
Attending the event, Maroš Šefčovič, vice-president of the European Commission and in charge of the Energy Union, said: “The European Union and the European Commission are very happy to support this, because I believe that what we need for the future is: public support, new legislative framework – which we are putting in place for the accelerators – innovation and new solutions. I am absolutely convinced that the powerful alliance, which was created today, will help us to achieve just that.”
Diego Pavia, CEO of InnoEnergy, said: “InnoEnergy and the World Alliance share a common goal to reduce our environmental impact through innovation. When it comes to turning an idea into a commercial reality there are many moving parts, but by harnessing the combined power of our connections, this collaboration presents a truly win-win situation.”