EIB signs EUR 25 million loan facility for Be Charge, a subsidiary of Be Power Group SpA The 10-year lending agreement is aimed at financing the expansion plans of Be Charge, one of the main players in electric vehicle charging infrastructure in Italy The European Investment Bank (EIB) will support Be Charge, a leading Italian […]
Presenting PPC’s 2020-2024 business plan, Chief Executive Officer Georgios Stassis added that PPC wanted to shut down 3.4 gigawatt of its coal fired capacity by the end of 2023 ATHENS: Greece’s dominant power utility Public Power Corp. (PPC) will increase its renewable power capacity by 1 gigawatt (GW) by 2024, its CEO said on Monday. […]
The electricity sector has been a cornerstone of the energy transition. But with the pace of change increasing, are power markets helping or hindering? Centralized markets with prices set by the cost of marginal dispatch, most often from fossil-fuel generation, are the bedrock of most major power systems. However, market arrangements are not static. They […]
Hamburg: CEE Group, the Hamburg-based renewable asset manager and DunoAir, an experienced wind energy project development company based in The Netherlands, announced today that CEE has acquired the Schwalbach wind farm in Saarland in Germany from DunoAir. The acquisition increases the rated capacity of its wind portfolio to 435 megawatts (MW). The Schwalbach wind farm consists […]
More and more travelers arriving at Helsinki Airport drive hybrid or electric cars and are looking for parking spots with charging infrastructure. Helsinki Airport has tripled the number of its charging stations and now has 95 parking spots for electric or hybrid cars located in parking area P3 Premium and P5. “Passengers tend to leave […]
The power sector sees huge opportunity, while the proposed “carbon border” raises questions for EU oil and gas imports. The European Union’s newly proposed Green Deal raises “significant questions” for the oil and gas industry, analysts said, but the plan was broadly welcomed by companies across the energy sector. On Wednesday the European Commission presented […]
Helping businesses to cut energy use in Italy, Belgium, France and the Czech Republic Financing renewable energy in Germany, Brazil and Nepal Protecting rural communities from extreme weather in Laos and Nigeria The European Investment Bank (EIB) today approved EUR 8.1 billion of new financing for climate action, sustainable development, health, and education investment across […]
The EU bank supports the construction of three wind farms with a total capacity of 96MW in the North and West of Portugal First energy project signed in Portugal since the approval, of the new EIB Energy Lending Policy in November 240 jobs created during the implementation phase During COP 25, the 25th annual Conference […]
The EU bank will provide EUR 66m to Natixis to co-finance the construction of the two complexes with a total capacity of 436 MW The two new renewable energy projects will help create up to 700 jobs during the implementation phase The solar power plants will be located in the provinces of Seville, Cáceres, Valladolid, […]