September 23, 2025
Innovation Fund Practical Guide
DIAMONDS4IF is a European Union funded project running from 2024 to 2026. It helps bridge the gap between Horizon 2020 research results and Innovation Fund deployment by turning promising renewable energy innovations and project ideas into Innovation Fund-ready proposals. In doing so, the project contributes to the EU’s climate goals and REPowerEU objectives.
The project was initiated by a consortium of five partners: PNO Consultants GmbH (coordinator), Meyer Burger (Industries) GmbH, RWE Offshore Wind GmbH, RAAMS AS and Innovation Engineering Srl – experts in European funding opportunities, the photovoltaic and offshore wind sectors, and AI-based software. Since August 2025, Hanwha Qcells GmbH has also joined the consortium, further strengthening the project’s expertise in the photovoltaic sector.
One goal of DIAMONDS4IF is to submit at least five robust Innovation Fund proposals during the period 2024 and 2026. Other projects outside the initial consortium will also be selected and supported.
DIAMONDS4IF continuously searches for new candidates by identifying additional potential project ideas from Horizon 2020 research results and helping them overcome technical, financial and regulatory obstacles. Through customised tools, workshops and feasibility assessments, the project enables candidates to navigate the complex Innovation Fund application process and increase the number of high-quality proposals in the field of renewable energy.
This guide reflects the topics covered also in our video tutorials published on our YouTube channel ‘Innovation Fund DIAMONDS’.
Each video tutorial details the essential steps of the application process and includes comprehensive explanations, visual representations and useful insights on the most relevant IF topics.
The QR codes will quickly guide you to the YouTube page if you want to listen directly to the advice of our experts. We invite you to follow our channels and activate notifications, so you’ll always be informed about news and updates.