Home Europe & UK

Europe & UK

Netherlands: EIB and NWB Bank to support climate investments and water management

EUR 200 million for small and medium scale sub-projects by local water authorities, with a focus on sustainability. Financing will help Dutch water authorities adapt to adverse effects of climate change, by supporting flood-risk reduction and water resources management schemes. The European Investment Bank (EIB) and Nederlandse Waterschapsbank N.V. (NWB Bank) are making EUR 200m […]

65GW of European Onshore Wind Turbines Need Upgrades or Replacements by 2028

With more wind turbines in Europe reaching end-of-design-life, regulation will be essential to preserving wind capacity. Some 65 gigawatts of European onshore wind turbines will reach end-of-design-life by 2028. From 2019 to 2028, an average of 4 gigawatts of turbines per year that are reaching end-of-design-life will be lifetime extension (LTE) suitable, according to new […]

EIB approves EUR 7 billion for new social housing, clean energy, transport and business investment

EUR 630 million to improve social and affordable housing across Europe EUR 1.4 billion support for urban and international transport EUR 2.8 billion backing for private sector investment The European Investment Bank (EIB) has agreed EUR 7 billion of new financing. This includes support for new investment to improve social housing, clean energy and sustainable […]

Greece: Piraeus Bank joins new EIB green and urban infrastructure investment programme

Piraeus Bank to support EUR 650 million national infrastructure initiative Financing under the national investment programme to be available in coming weeks Eligible renewables energy, energy efficiency and urban projects Innovative financing scheme combines EU, national and EIB funds Piraeus Bank has agreed to support a new EUR 650 million infrastructure investment programme developed by […]

Europe’s Onshore Wind Power Potential Is Quite Large, and 100% of the World’s Electricity Can Be Provided, Study Says

Europe’s wind power industry really stands out in the world, and the installed capacity has either reached the second or the top. In 2018 alone, Europe has invested 27 billion euros to develop new wind farms. The installed capacity is expected to increase by 16.7GW. The recent research in the United Kingdom and Denmark pointed […]