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Europe Was at the Start of a Huge Solar Rebound. Does Coronavirus Threaten That?

Construction delays are manageable, supply-chain worries appear unfounded and low-risk solar investments may shine in an uncertain climate, experts say. Europe’s solar renaissance looks set to continue blossoming despite the impact of the coronavirus and falling power prices, experts and investors say. A combination of new competitive tenders and the increasingly favorable economics of solar […]

Vattenfall issues second €500 million green bond

Swedish energy giant Vattenfall has issued its second €500 million (£435 million) green senior bond. The issue was oversubscribed by over six times, the company said, with the proceeds to be used to finance investments in the four eligible categories specified in the Vattenfall’s Green Bond Framework. The categories – renewable energy and related infrastructure, […]

EIB Group Press Conference on Annual Results – EU bank closes 2019 with stronger results in climate finance and a record number of deals

Share of climate financing rises to 31% of EIB’s total, underlining the Bank’s commitment to play a key role in the European Green Deal and the fight against global warming. EIB Group financing increases by 13% to more than EUR 72 billion. Highest number of financing operations: 1 095, up 28% from 2018. EIB financing outside […]

Germany’s overdose of renewable energy

Anti-nuclear hysteria is destroying the environment Germany now generates over 35% of its yearly electricity consumption from wind and solar sources. Over 30 000 wind turbines have been built, with a total installed capacity of nearly 60 GW. Germany now has approximately 1.7 million solar power (photovoltaic) installations, with an installed capacity of 46 GW. […]