# EU Innovation Fund support for Greek green energy projects > Developing situation record from CLSTR: https://clstr.news/situations/eu-innovation-fund-support-for-greek-green-energy-projects > Updated: 2026-11-05T14:20:08.000Z. Sources: 2. Developments: 2. The Iras Group, a member of Holcim, announced that its “ORION” project was selected by the European Commission for funding through the EU Innovation Fund. The project, located at a cement production plant in Volos, aims to install a fully electrified clinker production line to replace fossil fuels with renewable energy and battery storage. Following this, European Commissioner for Climate Action Wopke Hoekstra met with Greek Environment and Energy Minister Stavros Papastavrou in Athens. The meeting confirmed that four strategic Greek projects have been selected for funding through the Innovation Fund to support the transition to net-zero emissions. These projects include ORION, the TALOS renewable energy microgrid in Crete, the AEGEANFLOAT floating offshore wind farm, and the AN-1-B renewable hydrogen production project. ## Timeline ### 2026-11-05: Greece secures Innovation Fund support for four green energy projects Four Greek energy projects from Heraklis Group, PPC Renewables, TERNA Energy, and Hellenic Hydrogen have been selected for EU Innovation Fund support to advance decarbonization and renewable energy. 2 sources. https://clstr.news/cluster/greece-secures-innovation-fund-support-for-four-green-energy-projects ### 2026-10-22: Holcim's Iras Group receives EU Innovation Fund support for ORION project The Iras Group's ORION project in Volos, Greece, has secured EU Innovation Fund support to implement a fully electrified, net-zero clinker production line using renewable energy. 2 sources. https://clstr.news/cluster/holcims-iras-group-receives-eu-innovation-fund-support-for-orion-project --- Cite as: EU Innovation Fund support for Greek green energy projects. CLSTR, https://clstr.news/situations/eu-innovation-fund-support-for-greek-green-energy-projects