Sat, 02 Jul 2022

LISBON, June 21 (Xinhua) -- Portugal raised 32.7 million euros (34.5 million U.S. dollars) for projects to preserve the climate, generate energy and facilitate mobility, the Portuguese National Innovation Agency (ANI) reported on Tuesday.

"In these areas of climate, energy and mobility, we are very competitive and able to attract a lot of funding," Lusa news agency quoted ANI President Joana Mendonca as saying.

She highlighted one of the projects "Hyfuelup," which develops a technology to convert waste into renewable biofuel for fleets of heavy goods vehicles.

The ANI president hailed Portugal's "ability to participate in European" initiatives, noting it's "critical" for increasing competitiveness, innovation and internationalizing companies and institutions. (1 euro = 1.06 U.S. dollars)

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