The European Commission has announced a substantial allocation of 1.25 billion euros for 41 cross-border energy infrastructure projects in the Central Eastern European (CEE) region. These projects, which have obtained the status of Projects of Common Interest (PCI) and Projects of Mutual Interest (PMI), aim to enhance energy connectivity and sustainability within Europe. A significant portion of the funding, nearly 750 million euros, will support 8 electricity grid projects, including offshore and smart grids. One notable project, the Danube InGrid, will receive approximately 33 million euros to facilitate the integration of renewable energy sources and improve system balancing between Hungary and Slovakia. Moreover, hydrogen infrastructure is set to benefit from grants totaling over 250 million euros, supporting 21 development studies in 16 countries. The funding also includes 6.8 million euros for the feasibility phase of the Nordic-Baltic Hydrogen Corridor, emphasizing the importance of hydrogen in the region's energy transition. An additional 250 million euros will be allocated to CO2 infrastructure projects, with a focus on supporting the construction of 3 projects and financing 9 preparatory studies. Notably, the Prinos storage facility in Northern Greece will receive almost 120 million euros, marking a significant step towards establishing the first carbon capture and storage value chain in the Southeastern Mediterranean region. This allocation of funds underscores the European Commission's commitment to advancing sustainable energy infrastructure and fostering innovation in clean energy technologies.