12 Netherlands-based energy startups that raised over €1M in 2020

The world is increasingly growing aware of the detrimental effects of fossil fuel and is actively seeking an alternative. According to the EEA, “The European energy system is undergoing rapid changes to set the EU economy on a low-carbon and resource-efficient path. Renewable energy is instrumental to this transformation. EU efforts to double the share of renewable energy in its consumption have paid off, having reduced significantly the amount of fossil fuels used and their associated greenhouse gas emissions.”

A number of European startups are also playing their part in helping the EU achieve a sustainable future; especially in the Netherlands. According to a report, the Netherlands is aiming for a rapid transition to a carbon-neutral economy to help its economic growth and energy security. The country has made notable progress on its transition to a carbon-neutral economy and has set targets to reduce them by 49% by 2030 and by 95% by 2050, compared with 1990 levels.